American
Express sends a blue sky credit
card to someone who has passed
away 8TH JAN 08 source SWITCHBANKS
The
gentleman in question had passed
away on New Years eve and guess
what..???
He
recieved a special offer from
American Express 7 days later,
a blue sky credit card form to
fill out even though he was in
his ninities before he died on
New years eve.
We
kinda wonder where they get Australians
information from and how ?
The
letter was recieved january the
8th 08 and places enough pressure
on the family to be able to ring
them and take him off there list.
Controlling
the send outs has to be an updated
factor with banking institutions.
We
will see what American Express
states to us on this one.
Contact
the Banking and Financial Services
Ombudsman on:
Banking and Financial Services Ombudsman
GPO Box 3
Melbourne Victoria 3001
Tel: 1300 780 808
Web site: www.bfso.org.au
Commonwealth
Bank announced that its head of
retail banking, Michael Cameron,
was leaving to take up the chief
financial officer job at St George
Bank.
Australia's
biggest bank NABsaid net profit for the half
year to March 31 was $2.136 billion,
up from $1.994 billion.
Cash earnings from ongoing operations
rose 22.8 per cent to $2.196 billion.
"This
is a good all round result,"
NAB chief executive John Stewart
said.
Today's
result for WBCwas in line with market expectations
and puts the country's fourth
largest bank on target to produce
its best-ever full year profit
with analysts having pencilled
in $3.4 billion for the 2007 financial
year.
That
will be some $400 million ahead
of the previous 12 months.
Mark
Buckman the bank's CBAhead of branding, marketing
and advertising, who reports to
Barbara Chapman, contends the
local groups which might have
been up to the job already work
for rival banks. Commbank
ANZ
said the performance of its personal
banking division was the highlight
with revenue rising 14.5 per cent
and profit up by 21.6 per cent.
WHAT THIS MEANS IS THE MONEY HAS
COME FROM OUR PERSONAL INDIVIDUAL
BANK ACCOUNTS
THE
Macquarie Bank-led consortium
bidding $11.1 billion for Qantas
now has just two weeks to get
its ambitious tilt for the Aussie
icon over the line, after yesterday
refusing to extend its offer beyond
next Friday
BANK
customers could be slugged up
to $50 a year in new fees as financial
institutions look to pass on the
cost of the Federal Government's
counter terrorism strategy.
On
Thursday, ANZBank is set to post record
first half earnings of around
$2 billion on the back of strong
revenue growth in a high interest
rate environment, as the bank
continues to expand its branch
network.
The
players are angry CA's multi-million
dollar, three-year deal with the
Commonwealth
BankCBA
– which sponsors the annual
tri-series, the one-day team and
the Centre of Excellence –
has been so heavily protected
that it does not allow players
to have dealings with other companies
in any way associated with the
broader financial market.
HERITAGE
FINANCIAL GROUP - Following the merger of
Halifax and Bank of Scotland on
10th September 2001. HBOS
Australia is a holding company,
formed in 2004, to oversee the
local operations of the British
financial services group of the
same name. HBOS
Australia comprises four diverse
financial services operations,
BankWest, Capital Finance, St
Andrew's Australia and BOS International.
Profits go
to HBOS
overseasHBOS
is one of the world's largest
financial services groups and
the Australian business made a
$661
million pre-tax profit for calendar
2006, which was up 20 per cent
while its Scottish parent raked
in a huge $13.7 billion profit.
The
latest move takes the number of
jobs NAB
has sent overseas recently to
260. NAB
has now joined ANZ and St George
as being the most aggressive of
the banks looking to send work
overseas, with Westpac a more
reluctant convert and only the
Commonwealth ruling out such moves.
SWITCHBANKS
would like to thank Sharon
Sunderland from ST
GEORGE BANK SGB
(Business Loans
Sector) - Our client wanted
a Business loan opened (Switchbanks
helps for free, as we select certain
cases that need immediate help)
asap and most banks had a very
difficult startup period for new
accounts in the business loan
applications sector. Some banks
wanted $5,000 or more to proceed
with an application. Sharon from
St George opened up the whole
business account for our client
within 7 minutes. Truly amazing
what she did, moreover I asked
her to call the client back asap
to enable this application (She
called within 30 seconds).
The
client was left with such elation
at the speed of ST GEORGE and
sharon's professionalism that
his entire family are changing
over to ST GEORGE, we at Switchbanks
might too.
However,
a Commonwealth bank employee laughed
at us for working on behalf of
a client for free, Switch went
higher in ranks to ask why such
an employee would have a pathetic
attitude towards opening a new
business loan with CBA(Commonwealth
are now investigating internally),
regardless Switchbanks will wait
for there response as promised
to see why it was so difficult.
Heritage
Building Society kept transferring
the phone on and on to find the
right person, NAB was too late
in response time, Westpac never
returned our call till 5 hours
later, and the Queensland Teachers
Credit Union (We wont mention
the location of this branch) was
unbearable, one nice lady stated
the client could open up straight
away with no amounts and hassel
free problems. Then a call came
back 10 minutes later from a Manager
(not friendly) that a $20,000
dollar deposit was needed even
though the client had banked with
them for more than 23 years. Goes
to show you that new business
is sometimes not needed with such
small institutions. ST GEORGE
is a red hot favourite for winning
the Bank of the year award in
2008, after many successful calls
to them.
Switchbanks
was not paid for this quote.
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