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

Search Results

Showing 241 - 250 of 2907 results for "Commonwealth Bank"

Federal Reserve increases rates 25bp

CASSANDRA BALDINI  |  THURSDAY, 2 FEB 2023
... would never say so, they might prefer the restorative aspects of a recession and a proper bear market." The Commonwealth Bank of Australia said the markets did have some response, explaining US shares are higher, US bond yields fell, and major currencies ...

APRA restructures, appoints new executive directors

CHLOE WALKER  |  WEDNESDAY, 1 FEB 2023
... brings over 20 years' experience in financial services to the role, having held leadership roles at Westpac and Commonwealth Bank, including across risk, transformation and change, product and portfolio development, and sales and service. Meanwhile ...

Spirit Super appoints chief risk officer

CASSANDRA BALDINI  |  FRIDAY, 27 JAN 2023
... navigating products in response to regulation. Prior to Spirit, Terry held the role general manager, asset finance at Commonwealth Bank where she managed the $11 billion asset finance business end to end, including operations, sales, product, and technology ...

Rowe joins Kofkin Bond & Co

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... having been reappointed. Of note, during his time in the role, he oversaw the acquisition of Count Financial from Commonwealth Bank. Rowe has also previously served as chair of the Financial Planning Association of Australia, and of its Future2 Foundation ...

Perpetual welcomes Pendal board members

CASSANDRA BALDINI  |  MONDAY, 12 DEC 2022
... investment firm and is the independent chair of CBA New Digital Businesses Pty Limited, a subsidiary of the Commonwealth Bank of Australia. Meanwhile, New York-based Jones brings over 35 years of experience in the financial services industry. Most recently ...

CBA increases Countplus indemnity to $520m

ANDREW MCKEAN  |  THURSDAY, 8 DEC 2022
Commonwealth Bank of Australia (CBA) has increased the limit of indemnity provided to Countplus, from $300 million to $520 million. CBA said the purpose of the increased limit was to cover certain remediation activities that were identified at the time ...

ASIC case against Commonwealth Bank dismissed

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
The Federal Court has dismissed proceedings brought by ASIC against the Commonwealth Bank of Australia (CBA) over fees. The court dropped allegations that the bank engaged in misleading or deceptive conduct, made false or misleading representations ...

Barings establishes APAC real estate debt operations

JAMIE WILLIAMSON  |  THURSDAY, 24 NOV 2022
... projects." Barings has hired Abhishek Srivastava as a senior analyst in the existing Sydney team, joining from Commonwealth Bank where he covered infrastructure and real estate. The appointment is part of Barings' commitment to the real estate business ...

NAB to wind up custody business

JAMIE WILLIAMSON  |  FRIDAY, 18 NOV 2022
The big four bank has confirmed it will close NAB Asset Servicing, following years of mandate losses. The move comes as part of the bank's ongoing strategic review, having tried to offload the business for several years now. It will be wound up ...

ANZ to pay $42m in insurance lawsuit

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
... ANZ has agreed to pay $42 million to settle a class action regarding consumer credit insurance (CCI) products. Commonwealth Bank has also reached a settlement for a similar matter. Slater and Gordon filed the class action against ANZ, OnePath Life, OnePath ...