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Showing 1261 - 1270 of 2907 results for "Commonwealth Bank"

CBA's Narev leaves key questions unanswered

LAURA MILLAN  |  FRIDAY, 4 JUL 2014
Commonwealth Bank (CBA) chief executive Ian Narev's main message during yesterday's address to the media was that the bank has switched to "a spirit of openness," but he left a number of key questions unanswered. "Over the past few weeks perhaps the ...

CBA reaction too slow, too little, too late

LAURA MILLAN  |  FRIDAY, 4 JUL 2014
Commonwealth Bank's initiative to set up a program to review financial advice given to its clients from 2003 to 2012 has been slammed by several stakeholders for being too slow, too little and too late. Speaking at a Melbourne Institute event yesterday ...

Market wrap

AAP  |  FRIDAY, 4 JUL 2014
... Australia Bank added 10 cents to $33.28, ANZ had gained 15 cents to $33.54, Westpac rose by 18 cents to $34.05 and Commonwealth Bank was 26 cents higher at $81.18. Commonwealth Bank boss Ian Narev apologised on Thursday morning to more than 1,100 customers ...

Government still mulling response on Senate report

LAURA MILLAN AND AAP  |  THURSDAY, 3 JUL 2014
The government will monitor the implementation of Commonwealth Bank's (CBA) Open Advice Review program announced today while it works on its response to the Senate Economics Committee report. Finance Minister Mathias Cormann said that it was "appropriate ...

Market wrap

AAP  |  THURSDAY, 3 JUL 2014
... Australia Bank added 10 cents to $33.28, ANZ had gained 15 cents to $33.54, Westpac rose by 18 cents to $34.05 and Commonwealth Bank was 26 cents higher at $81.18. Commonwealth Bank boss Ian Narev apologised on Thursday morning to more than 1,100 customers ...

CBA opens up compensation review to all advice clients

LAURA MILLAN  |  THURSDAY, 3 JUL 2014
Commonwealth Bank (CBA) will set up a broad remediation program with independent oversight for all customers who received advice between 2003 and 2012. CBA chief executive Ian Narev spoke to the media a week after the Senate Economics Committee issued ...

CBA boss to be grilled on Senate report

AAP  |  THURSDAY, 3 JUL 2014
Commonwealth Bank (CBA) boss Ian Narev will front the media for the first time since a damning report called for a royal commission to investigate its financial advisers. Narev will face a media conference in Sydney at 1045 AEST on Thursday, a week ...

Inquiry sees spike in demand for legal action against CBA

LAURA MILLAN  |  WEDNESDAY, 2 JUL 2014
Law firms working to start a class action against Commonwealth Bank's (CBA) financial planning businesses have seen a spike in the number of affected consumers willing to join the legal cause. Maurice Blackburn principal John Berrill and Shine Lawyers ...

Market wrap

AAP  |  WEDNESDAY, 2 JUL 2014
... quite substantially is the reason why our broader market is looking very good today." Among the big four banks, Commonwealth Bank was up 71 cents to $80.68, Westpac had gained 37.50 cents to $33.755, ANZ had risen 37.50 cents to $33.215 and National ...

Market wrap

AAP  |  TUESDAY, 1 JUL 2014
... and Fortescue Metals had gained one cent to $4.36. The big banks were dragging on the market so far, with the Commonwealth Bank down 28 cents to $80.60, Westpac 12 cents lower at $33.76, ANZ shedding 14 cents to $33.20 and National Australian Bank falling ...