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Lottery account a ‘safe bet’ for bank

A new bank account that offers a monthly lottery draw instead of competitive interest rates has come under fire for encouraging gambling. The Bank of...

Bank of Queensland acquires small business lender

Bank of Queensland Ltd (BOQ) has agreed to buy the Australian and New Zealand operations of New York-based CIT Group, a lender to small...

BOQ issues $1bln of government guaranteed bonds

Bank of Queensland Ltd (BOQ) has issued $1 billion of government guaranteed bonds before the window to sell guaranteed debt closes. The bank will sell...

BOQ raises $850m through RMBS issue

Bank of Queensland Ltd (BOQ) raised $850 million from an increased residential mortgage-backed securities (RMBS) offering to domestic investors, signalling the local RMBS market...

Bank of Queensland takes credit for error

Retail businesses across the country have lost thousands of dollars over the long weekend because a computer glitch left shoppers unable to use the...

BankQld CEO says banking headed towards “retail style oligopoly”

Bank of Queensland (BoQ) chief executive David Liddy says the Australian banking sector is moving closer to a "retail-style oligopoly". Mr Liddy says the increased...

Regional banks win Senate committee support on funding guarantee

A key Senate committee has given support to calls by regional banks and non-bank lenders for a government guarantee over residential mortgage backed securities...

Potential Storm litigation could eat into BOQ profit

Litigation over Bank of Queensland's (BOQ) involvement with the failed financier Storm Financial could substantially eat into the bank's profit just as losses from...

Bank of Queensland under investigation by ASIC

Bank of Queensland Ltd (BOQ) says it is the subject of an investigation by the Australian Securities and Investments Commission (ASIC). The regional bank said...

BOQ says no evidence of improper conduct over Storm

Bank of Queensland Ltd (BoQ) says there is no evidence of dishonest practices by the bank in connection with Storm Financial clients. BOQ sought on...

Bank of Queensland cuts SVR on mortgages by 10bps to 5.89pct

Bank of Queensland Ltd (BoQ) has cut its standard variable rate on mortgages by 10 basis points, in line with other banks. BoQ said its...

Bank of Queensland to cut 150 jobs

Bank of Queensland has announced it intends to cut 150 jobs. The cuts, which make up about 10 per cent of the Bank of Queensland...

Bank of Queensland aims to take place of acquired regional banks

Bank of Queensland Ltd (BoQ) will investigate growth opportunities, including takeovers and mergers, as the regional lender aims to take the places vacated in...
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