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Showing 341 - 350 of 1264 results for "CBA"

CBA board ignored key issues in deciding executive pay

KANIKA SOOD  |  WEDNESDAY, 21 NOV 2018
... deciding the variable pay for the executives in FY16. In August 2016, when the committee met to decide the variable pay of CBA's top executives, news of its CommInsure conduct had already broken in the newspapers. Unknown to the public, APRA and ASIC ...

Royal Commission puts bonuses on notice

HARRISON WORLEY  |  TUESDAY, 20 NOV 2018
... Comyn became the latest finance executive to face Rowena Orr's pointed questioning at the Royal Commission. Yesterday, the CBA chief found himself defending CBA's practice of offering staff "short term variable remuneration" - otherwise known ...

Comyn promises personal accountability

KARREN VERGARA  |  TUESDAY, 20 NOV 2018
CBA chief executive Matt Comyn told the financial services Royal Commission how he plans to overhaul the bank that was "once great" under his leadership, but flagged there might be "missteps" along the way. Comyn admitted that the pursuit of financial ...

Aussie companies drop dividends

KANIKA SOOD  |  MONDAY, 19 NOV 2018
... restructuring. Bank dividends also flat lined as the country's highest-dividend payers kept dividend rates on hold, except for CBA which made an increase of 0.5%. "Australian banks have very high payout ratios, and profits are under pressure, so there ...

Former CBA Private advisers join Wilsons

HARRISON WORLEY  |  WEDNESDAY, 14 NOV 2018
Wilsons Advisory appointed two former CBA advisers to its private wealth team. Curtis Smith and Peter Jones are set to link with the firm this month, bringing with them 30 years of experience in providing financial advice to high-net-wealth individuals. ...

Ganis brings the changes at YBR

HARRISON WORLEY  |  MONDAY, 12 NOV 2018
... Additionally, Jason Knauer will oversee YBR Retail in Queensland and South Australia as state manager, making the move from CBA where he served as Queensland and Western Australia area manager for the bank's home lending solutions department. Meanwhile ...

Link, CBA ink $1.6bn PEXA deal

JAMIE WILLIAMSON  |  TUESDAY, 6 NOV 2018
... dependent on final acceptances, with up to a 44% stake possible. The group currently holds 19.8%. Meanwhile, the deal will see CBA's holding increase from 13.1% to about 16%, with the bank investing $50 million into the company. "Having been a key stakeholder ...

CBA sells CFSGAM, new wealth business chief executive appointed

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
... Corporation (MUTB) to sell the business for $4.13 billion for a total cash consideration. MUTB approached Commonwealth Bank (CBA) after the bank announced its intention to demerge its asset management, mortgage broking and wealth businesses in June. ...

CBA ramps up blockchain

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
... Gilder who is CBA's head of experimentation and commercialisation for blockchain, embodied AI and emerging technology said CBA has a portfolio of blockchain projects. Some of these are at very early stages where the bank is trying to determine if ...

MSCI Australia executive director departs

KANIKA SOOD  |  MONDAY, 22 OCT 2018
... Zealand from the company's Sydney offices. Prior to the role, he was a Morgan Stanley vice president for MSCI. He acted as CBA's head of international equity investments for three years until 2000. He managed portfolios with more than $3 billion in assets ...