Despite much public interest in, and debate around, the major banks’ purported “gouging” and taxpayer-guaranteed status, some very fundamental questions remain unanswered, says Christopher Joye on Property Observer.
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Follow Crikey’s latest coverage of Ralph Norris. Crikey’s Ralph Norris coverage includes independent news, blogs and commentary.
Bartholomeusz: is this the end of ‘too big to fail’?
Around the world, bank executives are squealing at the proposed toughening of their capital and liquidity requirements and, around the world, regulators are ignoring them and pressing ahead.
READ MORERalph Norris: The Kiwi computer nerd on the way out of Australia’s top home lender
Ralph Norris knows what it’s like to be the most hated person in Australia. He’s greedy, overpaid, an enemy of the Aussie battler. But he also knows what it’s like to wield serious clout, writes Tom Cowie.
READ MORESovereign wealth fund … at least give it some thought please
The story in the Fairfax broadsheets today about how big business wants a sovereign wealth fund to save our windfall from the resources boom again was a horribly lopsided article.
READ MORERalph Norris and a bad apples-and-oranges comparison
Even though Ralph Norris is highly rated by regulators and bankers as not only doing a good job at the Commonwealth Bank, but also being a good banker, he has an unfortunate tendency to stick his Kiwi boot on his tongue and leave it there.
READ MORESchwab: Gottliebsen got it wrong on bank executives
Perhaps Business Spectator’s legendary columnist Robert Gottliebsen isn’t reading Steve Keen’s columns (or these ones) particularly closely. If he did, he probably wouldn’t be blaming the bankers’ communication skills for their current public relations foibles.
READ MOREGottliebsen: bankers must leave their bunkers
The boards of the four major Australian banks have appointed chief executives with a communication skills gap, writes Robert Gottliebsen from Business Spectator.
READ MORELove, Ralph: Commonwealth Bank CEO comforts besieged employees
This morning Crikey received the below internal memo from Commonwealth Bank CEO Ralph Norris sent to Commonwealth employees.
READ MOREDespite Paperlinx shares tumbling, CEO earns big
Forget about CPI, if you want to see real inflation, have a read through the remuneration reports of ASX-listed companies.
READ MORENorris’ pay obscenely high but not the worst
It seems like the widespread criticism of Ralph Norris’ $16 million pay packet for 2010 is perhaps harsh — in relative terms.
READ MOREBanks rewrite GFC history, ignores RBA lifeline
One of the urban myths is that our “strong” banks survived the GFC because of strong regulation.
READ MORECodswallop! Ralph Norris’ CBA pay bonanza
Commonwealth Bank shareholders saw a 14% fall in their share-based payments (ie dividends) for the 2009 financial year. So why did CEO Ralph Norris end up with such a tasty slice of the pie?
READ MORENorris’s pay cut just a shrewd sales pitch
Commonwealth Bank CEO Ralph Norris is taking a 10% pay cut, but he’ll still be earning substantially more than his predecessor.
READ MORECBA determined to please its CEO
The Commonwealth Bank has decided to align its internal benchmarks with chief executive Ralph Norris’ personal bonus scheme, writes Andrew Crook.
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