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Showing 381 - 390 of 2903 results for "Commonwealth bank"

Elston grows distribution team

ANNABELLE DICKSON  |  WEDNESDAY, 7 APR 2021
... and South Australia. Weber was previously a business development associate at HUB24 and spent five years at Commonwealth Bank in trading. In his new role, Weber will be working with Elston's New South Wales distribution team. "We're really excited to ...

MLC enhances managed accounts leadership

ANNABELLE DICKSON  |  TUESDAY, 6 APR 2021
... joins from Mercer where he was an asset consultant. Bevan was previously executive manager, head of research for Commonwealth Bank's wealth business and was senior manager, advice & investment research. Prior to that he was a senior financial adviser ...

ASIC sues CBA over monthly fees

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
The corporate regulator has commenced civil proceedings against Commonwealth Bank over allegations it wrongly charged monthly fees to customers over a nine-year period. ASIC alleges CBA incorrectly charged $55 million in monthly access fees to nearly ...

Industry fund chief steps down

KARREN VERGARA  |  TUESDAY, 23 MAR 2021
... a brief period before becoming chief executive. Like Mitchell, Bain joined the industry fund sector from the Commonwealth Bank. Recreo, with $12 billion funds under administration, will merge with corporate and superannuation trustee Certane Group. The ...

ANZ, CBA settle class action

ANNABELLE DICKSON  |  MONDAY, 22 MAR 2021
ANZ and Commonwealth Bank (CBA) have both reached an agreement to settle a class action in the US related to the trading of bank bill swap (BBSW) products in 2016. The class action commenced in 2016 in the United States District Court for the Southern ...

Colonial First State names executive chair

JAMIE WILLIAMSON  |  THURSDAY, 18 MAR 2021
... lead the business, supporting the execution of strategy and overseeing a program of significant investment by Commonwealth Bank and KKR "to make CFS one of the most competitive superannuation and investments businesses in Australia, which will benefit ...

Former Wallaby departs Westpac for NAB

ANNABELLE DICKSON  |  WEDNESDAY, 17 MAR 2021
... first joined Westpac as national manager for St George auto finance and was previously head of asset finance at Commonwealth Bank. Prior to joining the finance industry, Waugh was a professional rugby union player for over 12 years and played in the ...

Chances of CBA admitting to Essential Super wrongdoing "non-existent"

JAMIE WILLIAMSON  |  FRIDAY, 12 MAR 2021
Lawyers for Commonwealth Bank (CBA) and Colonial First State (CFS) in its ongoing case against ASIC have told the court the parties have no intention of admitting to any contraventions in relation to Essential Super and an alleged $22 million in conflicted ...

Frontier zeroes in on poor culture

KARREN VERGARA  |  THURSDAY, 11 MAR 2021
... Say One Thing and Do Another, Rafe focused on two case studies from the financial services Royal Commission - Commonwealth Bank and Westpac. Despite the many unethical behaviours of senior leaders who knowingly maximised profits at the expense of unsuspecting ...

Colonial Super Retirement Fund rejigs managers

KANIKA SOOD  |  WEDNESDAY, 3 MAR 2021
... Rollover & Superannuation Fund ($2.5 billion) and Colonial Super Retirement Fund (about $3 billion). Meanwhile, Commonwealth Bank Group Super had about $12.7 billion and Commonwealth Essential Super had about $3.3 billion in assets.