Search ResultsShowing 31 - 40 of 100+ results for "Commonwealth Bank"
NPP chair breaks down rollout
ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
Former Commonwealth Bank and Westpac chief information officer Bob McKinnon is tasked with the tough job of chairing the New Payments Platform (NPP) through its rollout. McKinnon was made chair at the end of January this year. In March, the RBA ...
FSU seeks transparency on CBA job cuts
KARREN VERGARA  |  TUESDAY, 16 APR 2019
Commonwealth Bank is under pressure to disclose the extent of its planned job cuts across its branches and technology division, alleged to affect 10,000 employees. The Financial Sector Union said it wrote to CBA chief executive Matt Comyn asking to ...
CBA, ASIC move to resolve AFSL conditions
KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
... report on the conditions it placed on Commonwealth Financial Planning and Financial Wisdom in 2014. Commonwealth Bank has paid a further $2.3 million to 232 clients advised by five of its advisers, according to KordaMentha Forensic's fifth ...
ASIC outlines enforcement efforts
ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... not a financial product clearly covered under the Corporations Act. Court settlements were ordered against Commonwealth Bank , National Australia Bank and ANZ on similar matters. Total civil penalties against these banks came to $25 million. Total ...
AMP announces board changes
ELIZABETH MCARTHUR  |  MONDAY, 8 APR 2019
... experience in global financial services as the former chief executive of Mizuho Bank in Australia and Commonwealth Bank in Japan. She is also a non-executive director for the Treasury Corporation of Victoria, Persol Australia Holdings and the ...
Wealth heavyweights join FSC board
HARRISON WORLEY  |  THURSDAY, 4 APR 2019
... management Alex Wade, Challenger chief financial officer Andrew Tobin and Jason Yetton - who is leading Commonwealth Bank's wealth demerger - have joined the FSC's board. Meanwhile, Australian Unity wealth chief executive, group chief ...
Former Commonwealth Bank chief joins ASX-listed firm
ELIZABETH MCARTHUR  |  TUESDAY, 2 APR 2019
Former Commonwealth Bank chief executive Ian Narev has found a new role with an ASX-listed entity. Narev joins SEEK in a newly created dual role of group chief operating officer and Asia Pacific and Americas chief executive. He was chief executive ...
EQT hires risk and superannuation strategy lead
KARREN VERGARA  |  MONDAY, 25 MAR 2019
... David Warren as a client relationship manager. Everingham was previously a non-executive director of the Commonwealth Bank Group Superannuation Fund and served as chair of its risk and audit committee for three years. Jim Minto, the former chair ...
Banks move to derisk, workforces shrink
KANIKA SOOD  |  MONDAY, 25 MAR 2019
... off wealth and financial advice businesses. Westpac has announced it is exiting personal financial advice. Commonwealth Bank has delayed its planned demerger but said it remains committed to exiting wealth. Meanwhile, the OnePath/IOOF transaction ...
Macquarie axes SMSF residential property loans
ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
... guarantee loans from 18 March 2019, and SMSF residential home loans from 30 April 2019." AMP, Westpac and Commonwealth Bank have already stopped offering SMSF lending for residential property, amid regulatory concerns and falling property prices. ...
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