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

Search Results

Showing 321 - 330 of 2902 results for "Commonwealth bank"

CBA to detect abusive banking behaviour

ANNABELLE DICKSON  |  MONDAY, 11 OCT 2021
Commonwealth Bank is implementing artificial intelligence (AI) technology along with machine learning to detect abusive behaviour reflected in transaction descriptions within its banking services. Developed in CBA's AI Labs, the technology will be used ...

Big four bank complaints drop

ANNABELLE DICKSON  |  THURSDAY, 7 OCT 2021
... financial year, the Australian Financial Complaints Authority (AFCA) said. Complaints about Westpac, ANZ, NAB and Commonwealth Bank fell 7% out of the total 70,510 received in 2020/21, coming in at 17,593 of the total 42,261 bank complaints. The top ...

Catholic Super adds to trustee board

JAMIE WILLIAMSON  |  TUESDAY, 28 SEP 2021
A former Commonwealth Bank and Perpetual executive has joined the board of Catholic Super, adding more than 25 years of experience. Matthew Cassin joined the fund's board last month, with Catholic Super chair Danny Casey seeing his experience in achieving ...

Super funds don't vote together: ACSI

ELIZABETH MCARTHUR  |  THURSDAY, 23 SEP 2021
... for everyone to look at," Fok said. Wilson's committee inquiry into common ownership continues today, with Commonwealth Bank chief executive Matt Comyn appearing this morning. Comyn was asked about his interactions with institutional shareholders ...

Morningstar hires new research business head

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 SEP 2021
... 2014. He was also head of sales at Colonial First State and general manager of advice strategy and projects at Commonwealth Bank, before leading Chelsea Wealth Management. In recent years, he has been independently consulting. "Morningstar has such a ...

Criminal charges filed against CBA

ELIZABETH MCARTHUR  |  FRIDAY, 17 SEP 2021
ASIC has brought 30 criminal charges against Commonwealth Bank for mis-selling consumer credit insurance, with the bank to plead guilty. The charges relate to CBA's promotion and sale of CreditCard Plus and Loan Protection policies as an add-on insurance ...

Ord Minnett names head of equities

KARREN VERGARA  |  THURSDAY, 16 SEP 2021
... cap equity sales at capital markets and investment group CLSA for over a year and was a research associate at Commonwealth Bank for five-and-a-half years. Ord Minnett recently appointed a new state manager for Queensland and senior investment adviser. ...

CFS reduces premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... expected to be completed in the coming months. Following completion of the transaction, CFS will be owned by Commonwealth Bank and KKR in partnership. FirstChoice was one of the 13 MySuper products to fail the Your Future, Your Super performance test. ...

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
... possible," a spokesperson for the company said. The matter was a case study in the Royal Commission public hearings. Commonwealth Bank sold a 55% stake in CFS to KKR, in a transaction expected to complete in the coming months. CFS's MySuper product ...

YFYS test results not a fair representation: Frontier

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
... AvSuper Growth, BOC MySuper, Christian Super's My Ethical Super, Colonial First State's FirstChoice, Commonwealth Bank Group Super's Accumulate Plus Balanced, EISS Balanced, LUCRF Super's MySuper, Maritime Super's MySuper, BT Super ...