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Showing 1371 - 1380 of 3426 results for commonwealth bank

CBA, ASIC unveil details of new compensation scheme

LAURA MILLAN  |  FRIDAY, 8 AUG 2014
Commonwealth Bank (CBA) has revealed the details of the new licensing conditions for its financial planning businesses after the original process to compensate victims of poor advice was found to be inconsistent. Commonwealth Financial Planning (CFPL) ...

Market wrap PM

AAP  |  FRIDAY, 8 AUG 2014
... finance sector was also hit by international leads with all big four banks losing ground as the market opened. Commonwealth Bank was down 45 cents to $80.90, ANZ dropped 19 cents to $32.66, NAB fell 23 cents to $34.22 and Westpac slipped 13 cents to ...

CBA sees two top execs step down

LAURA MILLAN  |  FRIDAY, 8 AUG 2014
Commonwealth Bank (CBA) chief executive Ian Narev has confirmed that two members of the group's senior executive team will step down. CBA group executive of business and private banking Grahame Petersen will retire at the end of 2014 after nearly 35 ...

CommInsure nabs Asteron head of underwriting

LAURA MILLAN  |  THURSDAY, 7 AUG 2014
CommInsure has appointed Asteron Life's executive manager of risk assessment to head the Commonwealth Bank's insurance business retail advice underwriting team. John Kraszula will join the CommInsure retail advice leadership team on August 25, a Commonwealth ...

Market wrap PM

AAP  |  THURSDAY, 7 AUG 2014
... to $65.72 before the release of its half year results. The big four bankers all opened in negative territory. Commonwealth Bank was down 20 cents at $81.51, Westpac was eight cents lower at $33.59, NAB had dipped 17 cents to $34.46 and ANZ had lost 16 ...

Market wrap PM

AAP  |  WEDNESDAY, 6 AUG 2014
... warned a recovery in the industry would likely be slower than expected. The big four bankers were all lower. Commonwealth Bank dropped 51 cents to $81.55, NAB lost 27 cents to $34.42, ANZ fell 22 cents to $32.92 and Westpac slid 18 cents to $33.49. Orica ...

Market wrap AM

AAP  |  WEDNESDAY, 6 AUG 2014
... $65.03 and Fortescue dropping seven cents to $4.63. The big four bankers also opened in negative territory. Commonwealth Bank was down 15 cents at $81.91, Westpac was 19 cents lower at $33.48, NAB had dipped 15 cents to $34.53 and ANZ had lost 12 cents ...

RBA leaves interest rates on hold

AAP  |  TUESDAY, 5 AUG 2014
... decision to keep the cash rate on hold, with many of the themes in previous months' statements being repeated. Commonwealth Bank chief economist Michael Blythe said he didn't expect any changes to the cash rate this year. "We've already had 12 months ...

Consumer awareness of vertical integration plummets

LAURA MILLAN  |  TUESDAY, 5 AUG 2014
... with the big institutions has significantly increased over the past year. In 2013, 51% of the clients using Commonwealth Bank-owned Financial Wisdom thought that the dealer group was independent, but that number increased to 55% in 2014, according to ...

Market wrap

AAP  |  TUESDAY, 5 AUG 2014
... Tinto 28 cents higher at $65.71, while Fortescue Metals was unchanged at $4.74. The big four banks were mixed. Commonwealth Bank was up nine cents at $82.67 and NAB was one cent higher at $34.78, but ANZ had fallen seven cents to $33.27 and Westpac was ...