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Financial Planning

Senior CBA exec puts blame on the bank for Storm disaster

Senior Commonwealth Bank (CBA) executive Ian Bailey declared that the bank's retail division had a role in the collapse of Storm Capital in January 2009.

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Read more: Ian BaileyCBACALIAJanuary 2009Retail BankingSenior Commonwealth BankASICAustralian SecuritiesBrisbaneCassimatisesCreditEmmanuel CassimatisFederal Court Class actionFinancial PlanningGroup RiskInvestments CommissionJulieLevitt RobinsonMacquarie BankMarket RiskOctober 2002PolicySenior CBA execSeptember 2September 9