...it would refer the matter to the Australian Securities and Investment Commission after examining a complex case involving St George Bank, now owned by Westpac, and Dr Boman Irani, who guaranteed a loan to Pinnacle Investments. Although Dr Irani's appeal...
...says it has completed its merger with St George Bank. St George shares have now been transferred to Westpac. A short time ago, Westpac shares were down 3.5 per cent to $17.29 in line with falls in other financial stocks. The space shuttle Endeavour has...
...George Bank has cut its variable home loan rates, but joined ANZ and its new parent Westpac in not passing on the full reduction in the official interest rate to its customers. St George said today it will lower its standard variable home loan interest...
...Banking Corporation has unveiled its senior executive line-up after merging with St George Bank, with chief executive Gail Kelly appointing Greg Bartlett to lead the St George retail and business banking operations. The appointments will take effect from...
...proxies in favour of St George Bank's $14 billion takeover with its big four rival Westpac and only 5 per cent against. St George Bank shares are expected to be delisted from the Australian Securities Exchange on Monday, pending court approval of its...
Background
St.George Bank is the fifth largest bank in Australia (by market capitalization). It trades mostly in New South Wales and in South Australia through its subsidiary, BankSA. However, St George does maintain branches and ATMs in other states and has offshore operations in Bangalore, India.
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Timeline
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