Bank of Queensland has retreated from its return-on-equity target and is up-ending its model by converting owner-managed branches into corporate ones, as it accelerates cost-cutting plans.

The Finance Sector Union has fired a broadside at the Bank of Queensland claiming workers at up to 114 owner-managed branches face being sacked with no redundancy benefits.

Department of Health (DOH) spokesperson Assistant Secretary Albert Domingo confirmed on Monday the BOQ’s Memorandum No. 2024-48 dated May 24, which placed all BOQ stations and other concerned agencies ...

Chanticleer BOQ says selling more mortgages will make its ugly position worse Don’t be fooled by the pop in Bank of Queensland’s share price. It’s big profit drop underscores the raft of ...

This was published 1 year ago BOQ profits stifled as inflation, higher funding costs shred margins Sumeyya Ilanbey April 17, 2024 — 5.45pm Normal text size Larger text size Very large text size ...

Patrick Allaway intends to remain in charge until at least October 2026, by when he hopes to have delivered $250 million in productivity savings.

The DOH has replaced the One Health Pass to the electronic Arrival Card (eArrival Card) in cooperation with the Bureau of Quarantine (BOQ).

Bank of Queensland’s newly minted boss Patrick Allaway says the recent turmoil in overseas banking has pushed the regional lender to prioritise stability in its management ranks.

The banking watchdog has named and shamed Bank of Queensland for charging the accounts of dead customers fees over a four-year period.

Bank of Queensland’s disappointing earnings and lending margins were affected by challenging economic conditions rather than management changes that unsettled some analysts.