Central BankingA central bank can be referred to as a public institution that is involved in managing a country’s or a group of countries’ currency and controlling the supply of money that the amount of money circulated. Ensuring price stability is the main objective of central banking. In some countries, law requires the central banks to act to support full employment. Setting the interest rate is one of the primary tools used by an...
Mission and Vision StatementWestpac Bank came in to existence in the year 1817 in Sydney, it has its headquarters in Sydney. It is considered as one of the four major banks of Australia. The portfolio of the bank is highly diversified of the various financial services that are divided into different segments: institution oriented as well as consumer oriented. The portfolio of the bank includes wealth management and advisory services. The Bank ...
Section 1Australia and New Zealand Banking Group Ltd (ANZ) offers a diversified range of financial and banking products and services. It is one of the four big banks of Australia and its services are provided from more than 1200 offices and branches that are located in its namesake countries including the Asia/Pacific region. In relation to its current organizational structure, the company uses a divisional form of organizational structure (AN...
Literature ReviewThe National Australian Bank (NAB) was formed after the merging of two banking companies in the year 1982. It is currently one of the top most rated companies dealing with financial issues and market capitalization in Australia. It is an international company with a large number of customers and employees working in it. NAB has been rated as world’s 21st and 41st largest bank in relation to market capitalization and tota...
DiscussionAccounting software is a kind of software of execution, which tracks and operates different transactions of the department of accounting in the diverse effective modules like the trial balance, accounts payable, accounting records and payroll (Galliers and Leidner 2014). It is usually acquired from a third party vendor, or is spread by the company that is planning to take accounting software or it can be an integration of both cases ...
Description of Commonwealth Bank of AustraliaThe Common Wealth Bank situated in Australia and serves many western countries having establishments all over. It is exists under the banking industry and offers many money-related services to its clients. They include management of resources, giving loans to innovators to get their businesses up and running, safe keeping of savings and giving insurance covers to the applicants (Lane, & Milesi-F...
Question 1 Capital Structure Particulars Details Bendigo and Adelaide Bank 2015 (in million $) 2016 (in million $) 2017 (in million $) Total debt A 7,249.10 5,958.70 ...
Overview of Commonwealth Bank of AustraliaCommon wealth bank of Australia There are many multinationals working in Australia; however, there are few that can match the size of Commonwealth Bank of Australia. It is the biggest bank in Australia and has branches across USA, Fiji, Asia and the United Kingdom. It is the largest company in Australia that is listed in the Australian Securities Exchange. It has other brands and subsidiaries like the...
Macquarie Group Limited operationsIn the current era of industrialization, to survive in the competitive environment, it is important that organizations embrace effective financial, operational and human resource capabilities assuring a progressive growth. The performance of the organization is extremely affected by probable risks, which is an inseparable part of the banking industry. The report has been drafted to assess the effectiveness of Ma...
Background Information about the Research PaperBackground Information about the Research Paper: In the current time, it is more essential and noteworthy for the business firms or multinational companies to adopt and implement different types of information systems and technologies in order to run business functions and operations more innovatively and effectively. It is because information systems and its applications allow the organiza...
Matching Criteria’sThis section of the study has covered a brief analysis of the various criteria of the graphical representation of information used by Westpac. 360 Degrees Representation of information: The important benefit in terms of representation of data with the pie chart has been considered with information segregation into multiple classes. Values in terms of Percentage: This may often classify information with percentage ...
Stewardship Models of Wilson and BlockThe stewardship is a concept which expresses the essential strategies and resource management. The stewardship could be implemented to the environment, nature, finance, property, knowledge, and religion. The stewardship is made of the works of stewards in houses or any firms. The duties of the stewardship are generally extended to the service and management of the homes or in the organizations. The financi...
Macro-environmental AnalysisCommonwealth Bank is a multinational bank in Australia which has its businesses in many other countries such as the Asia, Europe, United Kingdom, New Zealand and the United States. The bank provides financial services such as funds management, broking services, retail, insurance, investments, business accounts, business loans, asset finance, superannuation and other services. It is one of the largest banking service...
Normalization of Asian Central BankThe normalization policy of central banks refers to the attempt of the banks to reduce size of the balance sheet. To accomplish the objective, the central bank’s target to increase the interest rate from the benchmark level to return the environment of monetary policy before the event of global financial crisis (Reid 2018). Like several other advanced economies, Asian Central Banks are adapting normalizat...
Internal Situational AnalysisThe situation around the IMC issue in CBA can be differentiated into Internal and External situations. Discussed below is the internal and external situational analysis: Brand Image: CBA is one of the oldest established banks in Australia, established more than a hundred years ago (in 1911) and is also among the the oldest banks in the world. The bank also has a global presence with 1100 branches across the wo...
AnalysisThe Commonwealth Bank of Australia is a multinational bank based in Sydney, Australia with its operations spanning across New Zealand, Asia, the United States and the United Kingdom. The bank is not only the largest Australian company listed on the Australian Securities but one of the largest organizations in the Southern Hemisphere. It is a banking conglomerate enjoying strong presence in securities market and insurance sector through...
Discrimination PolicyThe success of the Commonwealth Bank of Australia (CBA) is dependent on all stakeholders both internal and external. Therefore, the adoption of the stipulated code of conducts will help improve the bank’s reputation through guidance and decision making processes. Moreover, this code of conduct is formulated to give guidance to senior management, employees of the bank in carrying out their roles and duties. The bank m...
Potential Utilization of IMC Plan and Recommendation The Commonwealth Bank of Australia (CBA) is considered as one of the biggest banks in Australia. The bank is also a multinational bank with branches in other regions such as the United States, Asia, United Kingdom, and others (Worthington, 2016). According to the 2017 financial report, CBA reported a revenue income of approximately 26 billion dollars which is an increase in its annual rev...
Change conceptPrimary objective of every organization is to move towards growth and expansion along with the long survival in the global market. Growth and expansion objectives are considered as the major part of every organization's long-term vision and these objectives act as the motivation for the organizations in terms of regular updating its strategies and policies so that the right path could be followed in order to reach towards desired...
Overview of Commonwealth Bank of AustraliaInternational commercial banks like Commonwealth Bank of Australia serve millions of business customers as well individual customers around the world. These banks provide gateways for financial transactions worth millions of dollars. The customers in order to conduct financial transactions with CBA input personal data like personal identification numbers. Commercial banks maintain vast databases in whi...
Fundamental Ratios for National Australian Bank CompanyIn this report, financial management analysis tools have been used to analysis the business. It is observed that there are several financial tools such as ratio analysis, capital structure analysis, and capital budgeting analysis top down analysis. In this report, National Australian Bank Company has been taken to prepare this report. This report emphasises upon the financial perform...
Definition of Money LaunderingThe operation of the banking industry needs to be done with the help of the regulation related to anti-money laundering where the banks are functional within the countries. This is due to the challenges that are being faced by them from the customers, FATF, governments and supervisors for identification of the risks and managing it in a proper manner. This has to be done so that the penalties for financial reputat...
Corporate Legal Issues facing Crown Resorts LtdThe directors of the organization have certain responsibilities that help them in acting in the best interest for the company. Section 180 (1) of the Corportaion Act (Cth) says that the directors along with the officers of a particular company has to organize diligence and care with respect to the operations that are being carried out within the organization. The diligence and care can be evaluate...
About Westpac Banking CorporationWestpac Banking Corporation or Westpac is an Australian bank and a financial service provider. It has its headquarter in Westpac Place, Sydney. This bank is ranked second amongst the big four banks of Australia. According to report of 2015 Westpac is having 13.1 million customers along with being the Australia’s largest branch network having about 1429 branches and 3950 ATM’s all across Australia. The...
Stakeholder analysisThe report is prepared to discuss the various aspects of ethical concerns related to the different types of situations within the organization Bank of America in UK. The company happens to be inclined properly with the values and ethics of the organization and so it has maintained a good culture and ensured successful business functioning as well. To demonstrate the ethical concerns, the topic will illustrate the environmen...