Noosa News
Did Qld’s own bank give its shareholders the runaround, costing them $100 million?
Friday March 19, 2021
When Bank of Queensland hurriedly made shareholders ‘an offer they can’t refuse’, investment banks raked in millions while many existing shareholders missed out. Stephen Mayne investigates
Bank of Queensland managing director George Frazis.
If a couple of global investment banks conspired with their big institutional clients and the directors of one of our ASX-listed banks to “steal” more than $100 million in value from tens of thousands of Australian mum and dad shareholders, there would be outrage, right?
Wrong.
While “steal” is a strong word, on…
-
Noosa News23 hours agoMan dies after being pulled from surf at Surfers Paradise
-
General24 hours agoNikhil Chaudhary becomes first Indian to score Sheffield Shield century in the 2000s
-
General14 hours agoThe 28-point peace plan for Ukraine mostly contains the same points previously made by Moscow
-
General5 hours agoLabor to squeeze public service, sparking warnings of job losses