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| | | More money is available for victims of the Storm Financial collapse, after the Commonwealth Bank of Australia (CBA) and ASIC reached a settlement agreement. Up to $136 million will be offered as compensation for losses suffered by CBA customers who ... |
| | | | ... cents to $24.28, National Australia Bank was 15 cents higher at $25.43, Westpac gained 30 cents to $24.10 and Commonwealth Bank was put on 39 cents to $55.41. No major local economic news is expected on Friday. In equities news, ANZ is due to make its ... |
| | | | ... cents lower at $24.09, National Australia Bank was 4 cents down at $24.97, Westpac rose 10 cents to $23.70 and Commonwealth Bank dropped 20 cents to $54.28. In economic news on Tuesday, the Australian Bureau of Statistics is due to release July's lending ... |
| | | | ... to hear Australian Securities and Investments Commission proceedings against Storm Financial, Macquarie Bank, Commonwealth Bank and Bank of Queensland, relating to allegations they ran an unregistered managed investment scheme. The Australian market ... |
| | | | ... Management Australia's chief executive officer, Greg Cooper, as deputy chair. The FSC Board also recently appointed Commonwealth Bank's group executive of wealth management, Annabel Spring as a director of the Financial Services Council to fill a vacancy ... |
| | | | Lawyers representing ASIC, the Commonwealth Bank, Macquarie and Bank of Queensland are expected to hold an emergency meeting tomorrow ahead of Federal Court proceedings on the 2008 collapse of Storm Financial. The meeting will attempt to negotiate a ... |
| | | | ... June quarter National Accounts figures, including gross domestic product, while the Australian Industry Group/Commonwealth Bank Australian Performance of Services Index (PSI) for August is also due out. No major equities news is expected. In Australia ... |
| | | | The Commonwealth Bank of Australia is set to launch a new hybrid offer on the 12 of September, which is expected to raise $750 million. The CBA's hybrid offer, known as PERLS VI, will qualify as a Tier 1 Capital and will have an initial face value of ... |
| | | | ... economies incorporating economic and policy factors. Previously, he worked as a Money Market Trader with the Commonwealth Bank and Hong Kong Bank Australia and as a currency strategist, and international economist with Bankers Trust Australia. Tierney ... |
| | | | ... cents lower at $33.13, while fellow resource giant Rio Tinto lost 16 cents to $54.25. Among the major banks, Commonwealth Bank was 19 cents down at $55.61, National Australia Bank had shed nine cents to $25.28, Westpac had sagged 10 cents to $24.77 ... |
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