News
It's adios: Santander scales back
www.afr.com
[The Australian Financial Review] - Andrew Cornell and John Kehoe. One of Europe's largest and most successful banks has scaled down its Australian operations, potentially cutting billions of dollars in credit for local resources and infrastructure projects. The Australia chief executive
Coombe in line for top slot if Sony Bank enters
www.afr.com
[The Australian Financial Review] - Photo: Nic Walker. Nabila Ahmed and John Kehoe. Westpac banking veteran Rob Coombe has emerged as a leading contender to head the local operations of Japanese-owned Sony Bank as it considers a tilt at Australia's $1 trillion-plus mortgage market.
THE DISTILLERY: Mike fright
www.businessspectator.com.au
[Business Spectator] - Meanwhile, The Australian Financial Review's John Kehoe says ANZ's institutional and international chief Alex Thursby is next in line for the throne. “Thursby, an engaging, ambitious and demanding leader, worked for Standard Chartered Bank for 20 years
Westpac's Kelly staying as CEO for 'some years'
www.afr.com
[The Australian Financial Review] - John Kehoe and Andrew Cornell. Westpac Banking Corp chairman Lindsay Maxsted says it would be “dangerous” to anoint star recruit Brian Hartzer now as Gail Kelly's eventual successor because leadership change is not currently on the board's agenda.
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