Search ResultsShowing 61 - 70 of 100+ results for "Commonwealth Bank"
Count Financial seeks new GM
JAMIE WILLIAMSON  |  MONDAY, 7 JAN 2019
The general manager of Commonwealth Bank-owned dealer group Count Financial has resigned. A spokesperson for Commonwealth Bank confirmed Ed Box has left the licensee to pursue a retail banking opportunity outside of CBA Group. Hugh Humphrey, CBA ...
CBA and Alipay to bring in Chinese shoppers
KANIKA SOOD  |  THURSDAY, 20 DEC 2018
Commonwealth Bank has started accepting Alipay on its EFTPOS devices in a bid to attract Chinese shoppers who last year spent $10.9 billion in Australia. This makes CBA the first of the big four banks to accept Alipay in Australia, ahead of NAB ...
Ten stories that defined the Royal Commission
HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... of Australia's largest financials services entities took their turn in the Royal Commission's hot seat, Commonwealth bank chief executive Matt Comyn spoke of how he planned to overhaul the bank that was "once great" under his leadership, but ...
Financial Standard unwrapped: Our top stories in 2018
HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... in July, joining three of Australia's big four banks in spinning off their wealth management arms, with Commonwealth Bank announcing the demerger of Colonial First State just a month earlier. By April HSBC had already completed a significant ...
Grandfathered commissions: Where to from here?
JAMIE WILLIAMSON  |  WEDNESDAY, 19 DEC 2018
... the industry. Further, the tap was turned off for the group's employed advisers in 2014. In October, Commonwealth Bank began advocating for government intervention in removing grandfathered commissions for super and investment products. "We ...
CBA stashes cash for compliance
DARREN SNYDER  |  WEDNESDAY, 12 DEC 2018
Commonwealth Bank will put aside an additional $350 million in 2019 to cover larger than expected costs for compliance and remediation programs as well as its separation from CommInsure Life. In an update to the ASX on Tuesday evening, CBA said its ...
CBA investigates possible privacy breach
JAMIE WILLIAMSON  |  MONDAY, 3 DEC 2018
Commonwealth Bank confirmed it is undertaking an investigation into a potential privacy breach that may have seen sensitive medical information of CommInsure claimants accessed by employees in other departments of the bank. As reported by the ABC ...
Vertical integration not to blame
HARRISON WORLEY  |  MONDAY, 26 NOV 2018
... financial advice and being involved in the manufacture of financial products was not necessary. The Commonwealth Bank echoes this sentiment, saying misconduct examined at the Royal Commission - while occurring in a market where vertical ...
Royal Commission on social media: Executives grilled
HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
... November 21, 2018 Consumer advocate Denise Brailey praised counsel assisting Rowena Orr for revealing the Commonwealth Bank asked former chair David Turner to return 40% of his director's fees. ASIC head Shipton scolded at #BankingRC . The ...
Misconduct matters, but stability key for Frydenberg
HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
... comes as the Royal Commission's public hearings draw to a close. This week, executives from the Commonwealth Bank, Westpac, Macquarie and ASIC faced the Commission over the actions of their organisations, with topics such as ...
Link to something Eaa2BRMN