Search ResultsShowing 81 - 90 of 100+ results for "Commonwealth Bank"
Ban Dollarmites: Spot poll
KARREN VERGARA  |  MONDAY, 15 OCT 2018
... into long-term customers of a bad-value bank," Kirkland said. "Once you factor in recent revelations that Commonwealth Bank staff fraudulently activated Dollarmite accounts for personal gain, awarding them a Shonky was an easy decision." ...
CBA to refund dead customers, grandfathered commissions
JAMIE WILLIAMSON  |  TUESDAY, 9 OCT 2018
Commonwealth Bank will refund unauthorised advice fees charged to dead customers and rebate all grandfathered commissions charged to clients of Commonwealth Financial Planning. Taking further action to improve its wealth management business, CBA ...
Banks to answer for Hayne report
JAMIE WILLIAMSON  |  MONDAY, 8 OCT 2018
... unpunished, or the consequences have not met the seriousness of what has occurred and must be addressed." Commonwealth Bank and Westpac will face the committee this Thursday; ANZ will face questioning on Friday; and NAB is set to appear the ...
CBA fires up over Dollarmites criticism
HARRISON WORLEY  |  FRIDAY, 5 OCT 2018
Commonwealth Bank has responded to widespread criticism of its longstanding Dollarmites program. Executive general manager of the bank's retail arm, Mark Jones said CBA is proud of its school banking program, which has been running now for 87 ...
AMP, banks respond to RC interim report
HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... reforms such as the removal of grandfathered commissions applied to BT products . Also responding, Commonwealth Bank chief executive Matt Comyn labelled the report confronting, adding it was right to criticise the organisation he leads. ...
Banking remuneration practices to blame for misconduct
MICHELLE BALTAZAR  |  FRIDAY, 28 SEP 2018
... of misconduct. "Given the terms of reference for, and the resulting report of, the Prudential Inquiry into Commonwealth Bank, it would be surprising and cause for concern, if APRA's approach to prudential governance of remuneration remained as ...
SMSFs seek offshore diversification
JAMIE WILLIAMSON  |  WEDNESDAY, 26 SEP 2018
... loan amount sitting at $262,000. The most commonly held investments by SMSFs as at June 2018 were Westpac; Commonwealth Bank; Magellan Global Fund; BHP Billiton; ANZ; NAB; Platinum International Fund; CLS; Wesfarmers; and Telstra. SuperConcepts ...
Industry body names first chief executive
JAMIE WILLIAMSON  |  MONDAY, 24 SEP 2018
... of the next phase of the strategy." The industry body is also welcoming two new board directors in Commonwealth Bank head of governance and assurance Jasper Poos; and Harold Lucero, founder of Lucsan - a regtech recently acquired by IRESS. ...
CFSGAM chief executive departs
JAMIE WILLIAMSON  |  FRIDAY, 21 SEP 2018
... its global revenues now being derived from its international client relationships," CFSGAM said. In April, Commonwealth Bank announced it will pursue an initial public offering of CFSGAM. At the time, CBA said Lazberger would continue as chief ...
LIC invests in crypto platform
KARREN VERGARA  |  WEDNESDAY, 19 SEP 2018
... digital assets. Separately, several major institutions have recently backed a blockchain bond developed by Commonwealth Bank and the World Bank, deemed to be the world's first. First State Super, NSW Treasury Corporation (TCorp), Treasury ...
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