SYDNEY, AUSTRALIA: Auswide Bank Limited has entered into a binding agreement to merge with MyState in a transaction that, if implemented, will combine two high-quality banks and materially increase scale with the potential for shareholder value creation. The proposed merger aims to strategically consolidate two high-quality, complementary banks, creating a trusted national organization. This merger will significantly…
All posts tagged Auswide Bank
Auswide Bank appoints Doug Snell as new Managing Director and Chief Executive Officer
SYDNEY, AUSTRALIA: The Board of Auswide Bank Ltd (ASX: ABA) announced the appointment of highly experienced banking and financial services executive, Mr Doug Snell as the Company’s new Managing Director and Chief Executive Officer. The appointment of Mr Snell, who has previously held leadership roles with Westpac, Commonwealth Bank and BOQ follows a comprehensive and…