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Showing 21 - 30 of 1264 results for "CBA"

CBA sets aside $52m for remediation

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
Commonwealth Bank of Australia (CBA) said it has provisioned $52 million for remediation purposes as it finalises various class actions, including those related to superannuation and advice. CBA said the group is still defending two superannuation class ...

Commonwealth Private, JPMAM launch Private Wealth Advantage

KARREN VERGARA  |  TUESDAY, 5 AUG 2025
... Private clients typically have a household income of more than $450,000 per year and invest or borrow $2.5 million or more. CBA executive general manager for wealth and private Susie Grehl said Private Wealth Advantage is targeted at wholesale self-directed ...

Former CBA chief economist joins UniSuper

ELIZA BAVIN  |  TUESDAY, 29 JUL 2025
UniSuper has announced that former Commonwealth Bank (CBA) chief economist Stephen Halmarick will join its investment committee as an independent (non-director) member. The $149 billion super fund said Halmarick will commence his tenure on 1 August ...

CBA head of Australian economics steps down

ELIZA BAVIN  |  FRIDAY, 18 JUL 2025
Commonwealth Bank (CBA) head of Australian economics Gareth Aird has stepped down from the role. Aird was with CBA for 13 years, joining the bank in November 2012 as a senior economist before taking on the head of Australian economics role in April ...

Investors 'ignoring' volatility: Schroders

ELIZA BAVIN  |  THURSDAY, 17 JUL 2025
... the rise of passive investing have redefined 'risk' as simply not holding enough of the largest index constituents, such as CBA. This has meant CBA being bought at ever-higher valuations, regardless of its fundamental value, exposing investors to almost ...

RBA interest rate cut expected

ELIZA BAVIN  |  MONDAY, 7 JUL 2025
... possibility given the RBA's stated preference for a cautious and predictable approach to policy normalisation." Commonwealth Bank (CBA) junior associate Australian economics Lucinda Jerogin said the bank is also anticipating a 25bp cut to 3.6%. "A dovish ...

LGT Crestone, AUSIEX acquisitions finalised

KARREN VERGARA  |  TUESDAY, 3 JUN 2025
... AUSIEX has finalised its acquisition of FIIG Holdings, while LGT Crestone's takeover of Commonwealth Bank of Australia's (CBA) private wealth business has completed. AUSIEX, which is a subsidiary of Nomura Research Institute (NRI), has now expanded into ...

Count Financial class action dismissed

ELIZA BAVIN  |  WEDNESDAY, 28 MAY 2025
... distribution agreements in place to promote, market and sell some products. Count Financial was a subsidiary of Commonwealth Bank (CBA) until October 2019 when it was acquired by CountPlus. CBA has acknowledged the court's decision to dismiss the case. ...

ANZ Staff Super loses investment head

ELIZABETH FRY  |  THURSDAY, 22 MAY 2025
... recently serving as head of member experience at Club Plus Super. Her resume includes senior marketing roles at Macquarie, AMP, CBA and Zurich, giving her a broad perspective on member engagement strategies. The leadership changes extend beyond ANZ Staff ...

Super funds covet more global equities: Research

KARREN VERGARA  |  MONDAY, 19 MAY 2025
... in the top 20 ASX companies are QBE Insurance, National Australia Bank (NAB) and CSL. Conversely, ANZ, Commonwealth Bank (CBA) and Fortescue are the least loved.