Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1411 - 1420 of 3426 results for commonwealth bank

Labor questions Murray, calls for another inquiry

LAURA MILLAN  |  WEDNESDAY, 9 JUL 2014
... called for a further parliamentary inquiry into the Australian Securities and Investment Commission and the Commonwealth Bank and branded the government's plans to examine financial advice scandals as part of the Financial System Inquiry (FSI) a "cop ...

Market wrap

AAP  |  TUESDAY, 8 JUL 2014
... $33.62, National Australia Bank dropped 17 cents to $33.56, and Westpac was seven cents lower at $34.27 but Commonwealth Bank was 19 cents higher at $81.55. Shares in copper miner Altona jumped 29 per cent, to 23 cents after the company announced a 15 ...

Market wrap

AAP  |  MONDAY, 7 JUL 2014
... $33.90 and National Australia Bank gained four cents to $33.77, while Westpac was one cent higher at $34.41 and Commonwealth Bank was down four cents at $81.91. Shares in travel company Wotif.com are in a trading halt until 1100 AEST after global giant ...

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 ...

FPA calls for industry summit to restore trust in advice

LAURA MILLAN  |  THURSDAY, 3 JUL 2014
... Senate Economics Committee recommendation to set up a Royal Commission to investigate cases of bad advice within Commonwealth financial planning businesses. "We need a system where when things go wrong, members of the profession act with speed and complete ...

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 ...