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Showing 1311 - 1320 of 2907 results for "Commonwealth Bank"

Murray shuns FoFA commissions' debate

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
... answered. Murray focused his speech on the experiences and the lessons he learnt as chief executive officer of Commonwealth Bank (CBA) between 1992 and 2005. He was also asked about the dangers of "leadership who want to push product through without ...

Market Wrap AM

AAP  |  WEDNESDAY, 28 MAY 2014
... Melbourne Institute release their leading indexes of economic activity, and the Housing Industry Association and Commonwealth Bank release their affordability report for the March quarter. In company news, Wesfarmers holds a strategy briefing day for ...

CBA leads on client satisfaction despite planning scandals

LAURA MILLAN  |  TUESDAY, 27 MAY 2014
The scandals in Commonwealth Bank's (CBA) financial planning unit have not affected its clients' satisfaction, which is the highest of the big four banks. Clients rated their satisfaction with CBA advisers at 84.2% in the year to March 2014, a Roy Morgan ...

Market wrap

AAP  |  TUESDAY, 27 MAY 2014
... gained 18 cents to $34.34, ANZ lifted three cents to $33.70, National Australia Bank rose 10 cents to $33.62, and Commonwealth Bank was 26 cents higher at $81.82. Suncorp dropped 29.5 cents to $13.39 after it flagged $500 million in write-downs in its ...

Market wrap

AAP  |  MONDAY, 26 MAY 2014
... 12 cents to $34.31, ANZ gained 16 cents to $33.76, National Australia Bank dipped nine cents to $33.48, and Commonwealth Bank was steady at $81.31. In the resources sector, global miner BHP Billiton added nine cents to $37.74, Rio Tinto found seven cents ...

Market wrap

AAP  |  FRIDAY, 23 MAY 2014
... 34 cents to $34.20, ANZ gained 25 cents to $33.66, National Australia Bank improved 16 cents to $33.70, and Commonwealth Bank picked up 34 cents at $80.99. Resources stocks were mixed. Diversified miner BHP Billiton was off three cents at $37.62, Rio ...

Market wrap PM

AAP  |  TUESDAY, 20 MAY 2014
... cents to $4.42 after announcing a major increase in the size of its resources. The banks were also lower, with Commonwealth Bank down 17 cents at $79.36, Westpac down 16 cents at $33.62, National Australia Bank down 14 cents at $32.61 and ANZ 2.5 cents ...

CBA, CSSA promote FoFA legal loophole

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
... that has been banned under the Future of Financial Advice (FoFA) legislation. The loophole, as described by Commonwealth Bank of Australia and the Corporate Super Specialist Alliance (CSSA), would get around current bans on conflicted remuneration by ...

CBA forced to review poor compensation methods

LAURA MILLAN  |  MONDAY, 19 MAY 2014
... Commission (ASIC) has imposed licence conditions to the Australian financial services licence (AFSL) of both Commonwealth Bank-owned businesses. The two Commonwealth Bank of Australia (CBA) businesses only implemented appropriate compensation processes ...

IOOF secures strong advice channel with SFGA bid

LAURA MILLAN  |  FRIDAY, 16 MAY 2014
... would hold $51 billion in FUA; still less than AMP ($106.9bn), but only slightly behind RBS Morgans ($55bn) and Commonwealth Bank ($53bn). Major aligned players such as Westpac, NAB, Macquarie or ANZ would fall behind. SFGA managing director Tony Fenning ...