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Showing 1221 - 1230 of 3426 results for commonwealth bank

Independent expert lists CBA compensation challenges

LAURA MILLAN  |  FRIDAY, 19 DEC 2014
Promontory Financial Group has acknowledged that the Commonwealth Bank (CBA) program to compensate victims of bad financial advice poses a number of challenges. The independent expert has released its first report, following its appointment by CBA in ...

Market wrap

AAP  |  FRIDAY, 12 DEC 2014
... Among the major banks at 1025 AEDT, Westpac was down six cents at $32.18, ANZ had dropped 20 cents to $31.01, Commonwealth Bank had lost 33 cents to $81.86, and National Australia Bank had fallen eight cents to $32.01. In the resources sector, global ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... have seen little take-up. CBA reacts to planning scandal 2014 has arguably been the most difficult year for Commonwealth Bank's wealth management arm. The year started with hundreds of submissions from disgruntled Commonwealth Financial Planning (CFPL) ...

Market wrap PM

AAP  |  THURSDAY, 11 DEC 2014
... $34.35. Among the major banks, Westpac was up 15 cents at $33.50, but ANZ had dipped eight cents to $32.32, Commonwealth Bank was off six cents at $82.33, and National Australia Bank had backtracked nine cents to $32.31. Waste management firm Transpacific ...

Market wrap PM

AAP  |  WEDNESDAY, 10 DEC 2014
... drag on the market, and at 1200 AEDT Westpac was down 55 cents at $32.51, ANZ had dumped 44 cents to $31.44, Commonwealth Bank was down 29 cents at $81.73 and National Australia Bank was 48 cents lower at $32.12. Retailers were also lower after the Westpac-Melbourne ...

Market wrap PM

AAP  |  TUESDAY, 9 DEC 2014
... cents to $32.03, National Australia Bank had lost 13 cents to $32.84, Westpac was down 20 cents at $33.16 and Commonwealth Bank was two cents weaker at $82.37. Qantas was among the best performers, thanks to the lower oil price and Monday's announcement ...

Share market rallies on Murray report

AAP  |  MONDAY, 8 DEC 2014
... banks hold more capital. Shares in the major banks and the small regional players are firmer, a day after former Commonwealth Bank boss David Murray's final report was released by Treasurer Joe Hockey. But Mr Murray's report was vague about the levels ...

Make financial firms more accountable for products: FSI

ALICE URIBE  |  SUNDAY, 7 DEC 2014
... final report of the Financial System Inquiry (FSI) that was handed down today. The inquiry headed up by former Commonwealth Bank chief executive David Murray recommended that "product issuers and distributors should take responsibility for the design ...

Murray's FSI: consumers win round one

ALEX DUNNIN  |  SUNDAY, 7 DEC 2014
... placed in the right investment pathways; so much for the view that Murray would protect his previous employer the Commonwealth Bank. For a wealth management sector that has for the last four years tied itself in knots over how to implement best interests ...

Banks should hold more capital: Murray

AAP  |  SUNDAY, 7 DEC 2014
... cards to avoid paying exorbitant surcharges when paying for airline tickets and other items. Mr Murray, a former Commonwealth Bank boss and Future Fund chairman, was last year charged with undertaking the biggest health check of Australia's financial ...