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Showing 1021 - 1030 of 3426 results for commonwealth bank

CBA makes senior advice appointment from AMP

ALEX BURKE  |  WEDNESDAY, 9 DEC 2015
... was managing director at Hillross. He has also held positions at Optus, Vodafone and PwC. At CBA, he will manage Commonwealth Financial Planning and BW Financial Advice. "Hugh has more than 15 years' experience in the financial services and telecommunications ...

CBA to close institutional equities business

MARK SMITH  |  TUESDAY, 8 DEC 2015
Commonwealth Bank is closing its institutional equities business following a strategic partnership with Goldman Sachs investment bank. Commonwealth Bank's proprietary institutional equities team that forms part of the bank's institutional banking and ...

SMSFs ramp up trading in turbulent markets

LAURA MILLAN  |  FRIDAY, 4 DEC 2015
... volumes favouring buying during recent volatility shows investors are constantly keeping an eye on the market," Commonwealth Bank head of SMSF customers Marcus Evans said, and added that the data "dispels the myth that SMSFs are conservative investors." ...

AZ NGA acquires sixth practice

ALEX BURKE  |  THURSDAY, 26 NOV 2015
Paul Barrett's AZ Next Generation Advisory has acquired an advice firm operating under the Commonwealth Bank-owned Financial Wisdom licence. Harvest Wealth is AZ NGA's sixth acquisition, following Pride Advice, CBA-aligned practices Eureka Whittaker ...

CBA refunds $80m for failing to apply discounts

LAURA MILLAN  |  WEDNESDAY, 25 NOV 2015
Commonwealth Bank (CBA) will refund about $80 million to around 216,000 Wealth Package customers as a compensation for failing to apply fee waivers, interest concessions and other benefits since 2008. The Wealth Package offered benefits such as interest ...

Advice M&A deals boom after years of stagnation

LAURA MILLAN  |  FRIDAY, 20 NOV 2015
... rapidly after years of stagnation. Before 2014, "big banks were buying everything that was on the market." But when the Commonwealth Financial Planning scandal broke in 2014, they stopped buying. This, combined with the uncertainty around the grandfathering ...

Financial services firms acquire $1bn Technology Park

LAURA MILLAN  |  FRIDAY, 13 NOV 2015
... 2016 and it is expected that the office buildings will be completed in 2019. The offices will be leased to the Commonwealth Bank for a term of 15 years. On top of the office space development, the consortium will develop an additional 3,000 square metres ...

Banking and Finance Oath reshuffles board

LAURA MILLAN  |  FRIDAY, 13 NOV 2015
... economist by training, has had an extensive career in the Reserve Bank of Australia (RBA) and has also worked for the Commonwealth Treasury and the International Monetary Fund. He was appointed an Officer of the Order of Australia in 2008 for his services ...

Tax reform must not betray women

DARREN SNYDER  |  THURSDAY, 12 NOV 2015
... commencement of parental leave and would be offset against cover under other insurance the individual would have." The Commonwealth Bank's submission cites many of these recommendations and recent research by Colonial First State Global Asset Management ...

CBA embeds ESG into investment, wealth management

LAURA MILLAN  |  THURSDAY, 5 NOV 2015
Commonwealth Bank (CBA) has introduced stronger environmental, social and governance (ESG) policies and practices across its investment and wealth management divisions. The new Wealth Management Responsible Investing Framework will integrate ESG into ...