Search ResultsShowing 1 - 10 of 100+ results for "Commonwealth Bank"
CBA sells advice dealer group
JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2019
Commonwealth Bank is offloading its financial advice subsidiary, Count Financial. The group announced this morning is has entered into an agreement to sell the dealer group to CountPlus for $2.5 million. It will also, over time, sell its 35.9% ...
Challenger funds management chief resigns
KARREN VERGARA  |  FRIDAY, 7 JUN 2019
... divisions: Challenger Investment Partners and Fidante Partners. Saines was previously a group executive at Commonwealth Bank's institutional banking and markets business, instrumental in designing and implementing the group's total capital ...
Spitfire acquires adviser platform, names chief
ELIZABETH MCARTHUR AND KARREN VERGARA  |  MONDAY, 3 JUN 2019
... for BT Panorama's investment, managed accounts and superannuation capabilities. He previously worked at Commonwealth Bank, Macquarie Bank, GBST and Morgan Stanley. Johnson said he is looking forward to working with the Spitfire team to improve ...
Big four satisfaction on road to recovery
HARRISON WORLEY  |  TUESDAY, 28 MAY 2019
... percentage points better than their larger counterparts, whose satisfaction levels are clustered together. Commonwealth Bank leads the way, sitting at 78.1% satisfaction, with the worst of the big four, NAB (72.7%) no more than 5.4 percentage ...
Material weakness in super funds, insurers exposed
KARREN VERGARA  |  THURSDAY, 23 MAY 2019
The numerous weaknesses exposed in APRA's prudential inquiry into the Commonwealth Bank are apparent among life insurers and superannuation funds. The prudential regulator wrote to 36 insurers, super funds and ADIs last June off the back of its ...
Australia lags on dividends
KANIKA SOOD  |  MONDAY, 20 MAY 2019
... to this growth were Woodside which resumed dividend payouts, BHP which gave out a special dividend and Commonwealth Bank which kept the dividend flat during the period. Australia's lagging dividend payouts come as the region it sits in, Asia ...
CBA down, industry up for employment
ELIZABETH MCARTHUR  |  FRIDAY, 17 MAY 2019
New research by Randstad has revealed the Commonwealth Bank is a much less attractive employer this year than it was last year, but the financial services industry as a whole has held steady in its ability to attract new employees. The Randstad ...
ASIC to strengthen complaints handling
ELIZABETH MCARTHUR  |  THURSDAY, 16 MAY 2019
... systemic complaints were key findings of both the Royal Commission and the Prudential Inquiry into the Commonwealth Bank. "With the benefit of broad consultation, ASIC's new standards will lift complaints handling performance of firms and ...
TCorp appoints general manager
KANIKA SOOD  |  WEDNESDAY, 15 MAY 2019
TCorp has hired Commonwealth Bank's long-standing head of debt markets. Simon Ling is joining TCorp as its general manager, financial markets. TCorp chief executive David Deverall said: "I'm delighted to welcome Simon to the executive team and I am ...
CBA remediation bill crosses $2bn
KANIKA SOOD  |  MONDAY, 13 MAY 2019
Commonwealth Bank has seen $714 million added to its remediation bill, pushing its total to date over $2.17 billion. The third quarter addition was flagged by CBA in company filings this morning. So far, CBA has spent or provisioned $534 million on ...
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