After three months in the role, Chris Nilon, group executive of IT and Operations for the Bank of Queensland (BOQ) has decided that the bank isn't yet ready for the cloud, and will continue to weigh ...

The Australian understands the cuts span areas including marketing, human resources and retail banking, as BOQ seeks to reduce costs and simplify its management and operating structure. A BOQ ...

Australia is on the brink of a new era in financial services; Open Banking is dawning, fintechs continue to reshape the landscape, and regulatory requirements continue to rise. Sustained success ...

Bank of Queensland’s business model is no longer sustainable, says chief executive Patrick Allaway, who will take control of the regional lender’s long-standing franchise network and sack one in 12 ...

In recent times, the market has seen ANZ Group Holdings Ltd (ASX: ANZ) launch a takeover effort to absorb the banking operations of Suncorp Group Ltd (ASX: SUN) to boost its Queensland presence and ...

Patrick Allaway’s radical overhaul delivers another blow to the concept of branch banking. His move is not without risks. Former BOQ chair Patrick Allaway, who last year was parachuted into the chief ...

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst ...

Ideally, your overall portfolio should beat the market average. But every investor is virtually certain to have both over-performing and under-performing stocks. So we wouldn't blame long term Bank of ...

The Finance Sector Union has taken aim at the BoQ over its takeover of owner-managed branches claiming workers face being sacked with no redundancy payments. BoQ revealed in August that it will be ...

Gift 5 articles to anyone you choose each month when you subscribe. Bank of Queensland’s business banking chief Chris Screen has quietly quit the regional lender in the midst of turnaround efforts ...

The Banking Code Compliance Committee said BOQ and its subsidiary brands, BOQ Specialist and Virgin Money Australia, failed to stop or refund more than 2500 instances of fees and interest that were ...