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Showing 361 - 370 of 3424 results for commonwealth bank

Cromwell names funds management head

KARREN VERGARA  |  TUESDAY, 9 NOV 2021
... recent role as head of treasury, which he served in for five years. Hinton previously spent more than 17 years at Commonwealth Bank, working across senior roles in real estate. His tenure there included working as director of real estate for nearly seven ...

CBA takes stake in AI firm

ANNABELLE DICKSON  |  MONDAY, 8 NOV 2021
Commonwealth Bank has taken a minority stake in a Silicon Valley-based artificial intelligence (AI) platform. H2O.ai operates a cloud-based machine learning platform, H2O AI Cloud, and employs some of the world's top data scientists. The partnership ...

Commonwealth Bank to add crypto services

JAMIE WILLIAMSON  |  WEDNESDAY, 3 NOV 2021
Commonwealth Bank will become the first bank in Australia to offer the ability to buy, sell and hold crypto assets via a strategic partnership with Gemini and Chainalysis. The bank has designed a crypto exchange and custody service which will be offered ...

CDPP drops cartel charges against ANZ

KARREN VERGARA  |  MONDAY, 1 NOV 2021
The Commonwealth Director of Public Prosecutions dropped charges against ANZ and an executive for their alleged involvement in a criminal cartel case. The CDPP has let ANZ and group treasurer Rick Moscati off the hook as it discontinued proceedings ...

CBA pleads guilty to selling junk insurance

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
Commonwealth Bank pleaded guilty to 30 criminal charges relating to misselling consumer credit insurance. The charges were brought by ASIC and relate to CBA's promotion and sale of CreditCard Plus and Loan Protection policies as an add-on insurance ...

BOQ divests St Andrew's Insurance

KARREN VERGARA  |  WEDNESDAY, 27 OCT 2021
... inappropriate life insurance sales tactics than the other firms under review. BOQ acquired St. Andrew's in 2010 from the Commonwealth Bank, taking over the core businesses of consumer credit and life insurance.

Commonwealth Financial Planning to shutter

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
Commonwealth Financial Planning is closing, Commonwealth Bank announced today. From today forward, Commonwealth FP cannot take on any new financial advice clients. Existing advisers and clients will have until November 30 to work out next steps, before ...

Two senior leaders exit Iress

KARREN VERGARA  |  MONDAY, 25 OCT 2021
... he said. Prior to Iress, Blomfield was the chief executive of Investment Trends. He also held senior roles at Commonwealth Bank, MF Global and Dendiri Advisory. Group executive of strategy and client solutions Simon New takes over as chief commercial ...

End of the road for Dollarmites

KARREN VERGARA  |  MONDAY, 25 OCT 2021
Commonwealth Bank has ditched its 90-year-old Dollarmites program after the state governments' banning of school banking schemes. The New South Wales government is the latest to jump on board and ban bank-run marketing schemes in classrooms after ...

BlackRock votes against CBA resolution

ELIZABETH MCARTHUR  |  FRIDAY, 15 OCT 2021
Despite its vocal stance on sustainability and net zero ambition, BlackRock voted against a Commonwealth Bank shareholder resolution to stop the bank financing fossil fuels. The largest asset manager in the world, with US$9.5 trillion in assets under ...