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Showing 1231 - 1240 of 1264 results for "CBA"

CBA announces a 24% reduction in profits for the year

The Commonwealth Bank of Australia (CBA) has today announced a net profit of after tax of $2.01 billion for the year ended 30 June 2003, a decrease of 24 per cent on the previous financial year. "Net profit from ordinary activities (cash basis) was ...

Finance Sector Union slams CBA's decision to cut 3,700 jobs

The Finance Sector Union (FSU) has today condemned the Commonwealth Bank's announcement today that it would slash 3,700 jobs over the next three years. "There's no way you can take that amount of people out of an organization and not have an impact ...

CBA to cut domestic workforce by 3,700

The Commonwealth Bank of Australia (CBA) today said it would cut its domestic workforce by about 3,700 over three years as part of a revamp of its customer service operations. The cuts would be between July 2003 and June 2006, the bank said. The bank ...

Afternoon market wrap: All Ords dragged down by CBA news

Tokyo share prices fell 0.86 per cent today in what dealers said was a technical correction to the market's recent sharp rise. The Tokyo Stock Exchange's Nikkei-225 index dropped 94.90 points to end at 10,938.42. The Australian stock market ended its ...

Moody's affirms CBA ratings following announcement

WITH AAP  |  FRIDAY, 19 SEP 2003
International ratings agency Moody's affirmed the ratings of the Commonwealth Bank of Australia Ltd (CBA) following news that it plans to restructure its business. CBA is rated Aa3 and Prime-1 for its long and short-term deposits, and B for bank financial ...

CBA announces senior appointment to investment and insurance services

The Commonwealth Bank of Australia (CBA) today appointed Brett Himbury as executive general manager, financial planning and advice services, it has announced. The role became vacant after the internal transfer of Geoff Austin to retail banking services. ...

Sealcorp announces new moves to strengthen distribution

... National Australia Bank's declaration of interest in acquiring AMP's distribution network, and the announcement recently by CBA/Colonial First State to employ 200 additional financial planners. It also continues the re-organisation of St. George's wealth ...

Midday market wrap: Local shares open higher

... financial service companies helped underpin the market's revival, with AMP adding a further 11c to trade at $5.02. But the CBA was one major bank to buck the broader trend, with investors pushing the stock down a further 6c to $28.48. Major resource ...

Midday market wrap: All Ordinaries dip slightly

... following the lack of momentum in the US market on Friday," said Stuart Smith, senior client adviser of Bell Potter. "We have got CBA ex-dividend too today, that would contribute to a part of that fall." -with AAP All Ordinaries 3174.4 -6 NASDAQ 1765.32 ...

Afternoon market wrap: Local shares end lower

... eventually closed almost six points lower at 3,175.0. The market was dragged lower by the major banks, including a 96c fall in the CBA to $28.73. Among other blue-chips to endure losses on the day were miners Rio and BHP Billiton, and media giant News ...