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Showing 91 - 100 of 1264 results for "CBA"

Perpetual welcomes Pendal board members

CASSANDRA BALDINI  |  MONDAY, 12 DEC 2022
... is also a founding partner of H2 Ventures, a privately held venture capital investment firm and is the independent chair of CBA New Digital Businesses Pty Limited, a subsidiary of the Commonwealth Bank of Australia. Meanwhile, New York-based Jones brings ...

CBA increases Countplus indemnity to $520m

ANDREW MCKEAN  |  THURSDAY, 8 DEC 2022
Commonwealth Bank of Australia (CBA) has increased the limit of indemnity provided to Countplus, from $300 million to $520 million. CBA said the purpose of the increased limit was to cover certain remediation activities that were identified at the time ...

ASIC case against Commonwealth Bank dismissed

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
The Federal Court has dismissed proceedings brought by ASIC against the Commonwealth Bank of Australia (CBA) over fees. The court dropped allegations that the bank engaged in misleading or deceptive conduct, made false or misleading representations ...

ASIC appeals CFS, CBA decision

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
... to the Essential Super product, with ASIC alleging the two entities breached conflicted remuneration laws because CFS paid CBA to distribute it in branches and online. This went on between 2013 and 2019, with close to 400,000 customers signed up. However ...

Court dismisses CBA, CFS conflicted remuneration case

JAMIE WILLIAMSON  |  THURSDAY, 29 SEP 2022
... dismissed ASIC's case against Commonwealth Bank and Colonial First State in relation to the distribution of Essential Super. CBA staff signed up over 390,000 people to CFS's Essential Super between July 2013 and June 2019. Under an agreement ...

Remediation bills revealed amid call for levy freeze extension

JAMIE WILLIAMSON  |  WEDNESDAY, 24 AUG 2022
... application of retrospective regulations to cordon off and charge the six large licensees at the time - being AMP, Macquarie, ANZ, CBA, NAB and Westpac - directly under a separate and specific levy for the cost of ASIC's ongoing work.

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
Commonwealth Bank (CBA) reported its cash net profit has risen 11% to $9.6 billion and its net profit increased 9% to $9.7 billion since last year. The banking giant said home loans, up 7.4%, contributed to the strong earnings as well as growth in core ...

Financial abuse linked to violence: CBA, UNSW

ANDREW MCKEAN  |  MONDAY, 1 AUG 2022
Commonwealth Bank and the UNSW Generated Violence Research Network (GVRN) partnership commented on findings showing economic and financial abuse is linked to domestic and family violence. Statistics show that one in four women and one in 13 men have ...

AUSIEX chief executive retires

CHLOE WALKER  |  FRIDAY, 29 JUL 2022
... thanked Blewitt for the "significant contribution he has made to AUSIEX", particularly in managing the business separation from CBA over the past 12 months. "He has successfully led AUSIEX through a period of enormous change together with the senior ...

Commonwealth Bank makes raft of new appointments

ANDREW MCKEAN  |  FRIDAY, 13 MAY 2022
Eight people across institutional banking and markets have been promoted to the level of managing director at Commonwealth Bank. CBA's group executive of institutional banking and markets Andrew Hinchliff made the announcement in an internal meeting. ...