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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.
Bank of Queensland has begun consulting with employees as it looks to axe as many as 600 roles across several units, including its retail operations, as part of a simplification and digitisation ...
BOQ has a cost-to-income ratio of 65.9 per cent and is keen to get its costs down. It is digitising a number of parts of its operations. ME is only one part of that transformation but it is an ...
Bank of Queensland Limited (BOQ), an ASX-listed company, is an Australia-based entity engaged in retail banking, leasing finance and insurance products. The Bank operates in two segments which are ...
BoQ undervalued franchisee shopfronts in a corporate takeover push and artificially deflated commission payments, a letter to the board alleges.