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Showing 361 - 370 of 1264 results for "CBA"

ASIC slams unacceptable reporting breaches

KARREN VERGARA  |  WEDNESDAY, 26 SEP 2018
... Consumers consequently suffered financial losses to the tune of $500 million. Millions of dollars, ASIC said, is yet to be paid. CBA, NAB and ANZ took almost a year (352 days) to compensate customers after an investigation was complete. Westpac was the ...

CommInsure, TAL engaged in troubling conduct: Royal Commission

KARREN VERGARA  |  MONDAY, 24 SEP 2018
... various case studies. CommInsure and Colonial Mutual Life Assurance (CMLA) executive general manager Helen Troup accepted CBA misled the Financial Ombudsman Service (FOS) in the case of one claimant who suffered from a heart attack. It also made inappropriate ...

Industry body names first chief executive

JAMIE WILLIAMSON  |  MONDAY, 24 SEP 2018
... assurance Jasper Poos; and Harold Lucero, founder of Lucsan - a regtech recently acquired by IRESS. Poos joins as part of CBA becoming a regulated entity member, saying: "The Commonwealth Bank is pleased to have joined the association and I'm very excited ...

CFSGAM chief executive departs

JAMIE WILLIAMSON  |  FRIDAY, 21 SEP 2018
... relationships," CFSGAM said. In April, Commonwealth Bank announced it will pursue an initial public offering of CFSGAM. At the time, CBA said Lazberger would continue as chief executive and be appointed as an executive director on the CFSGAM board. Soon ...

LIC invests in crypto platform

KARREN VERGARA  |  WEDNESDAY, 19 SEP 2018
... deemed to be the world's first. First State Super, NSW Treasury Corporation (TCorp), Treasury Corporation of Victoria, CBA, QBE and SAFA signed on as the foundational investors of bond-i. Bond-i was created and will be managed via distributed ledger ...

Australia behind when it comes to pay transparency: AXA IM

HARRISON WORLEY  |  FRIDAY, 14 SEP 2018
... discrepancies in things such as executive remuneration and disclosure." Referring to the recent $700m civil settlement between CBA and AUSTRAC over the bank's contravention of anti-money laundering and counter terrorism laws, Christensen said executive ...

CommInsure misled FOS: Royal Commission

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... found the condition did meet updated definitions of a heart attack and seven months later, ruled in favour of the customer. CBA rejected the FOS' recommendation based on a technicality - the customer raised the claim with CBA in January 2014 - well ...

AMP, CBA respond to record class action bid

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
... deducted from superannuation fund accounts. Launching its Get Your Super Back campaign yesterday, Slater and Gordon alleged CBA-owned super fund Colonial First State and AMP Super failed to obtain competitive cash interest rates on cash option funds ...

CBA appoints board director

KANIKA SOOD  |  WEDNESDAY, 12 SEP 2018
... BlueScope Steel chief executive as it continues to renew its board. Paul O'Malley will be an independent non-executive director on CBA's board, starting 1 January 2019. Retiring director Brian Long will stay on the board until 31 December, at the board's ...

CBA research lead heads to Morningstar

KANIKA SOOD  |  FRIDAY, 7 SEP 2018
... the financial services industry, having also previously worked as BT Financial Group's head of technical services and at CBA as national technical manager and financial planner. Morningstar managing director, Australasia Jamie Wickham said: "We're ...