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Showing 21 - 30 of 1200 results for "CBA"

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... new podcast episode, Commonwealth Bank head of Australian economics Gareth Aird says he wasn't one of them. Aird said CBA was accurate in its prediction that the RBA pause was simply just that, however explained the cash rate peak has most likely ...

Dodgy advice bill nears $5bn: ASIC

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
... Providing its final update on institutions' financial advice remediation programs, ASIC calculated AMP, ANZ, Commonwealth Bank (CBA), Macquarie, NAB and Westpac have so far paid a combined $4.7 billion. The remediation programs included in ASIC's update ...

CBA Group Super pursues merger with ART

ANDREW MCKEAN  |  WEDNESDAY, 22 FEB 2023
Commonwealth Bank Group Super has entered a Memorandum of Understanding to potentially merge with Australian Retirement Trust (ART). The merger would see Commonwealth Bank Group Super's 67,000 members and $12.3 billion funds under management (FUM) ...

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
... rates well below the market so that for CFSIL could retain the margins for its own benefit. As ordered by the Federal Court, CBA will need to mediate this issue by 13 October 2023. The second class action relates to fees charged by the FirstChoice Fund. ...

New chief for Queensland Treasury Corp

ELIZABETH FRY  |  MONDAY, 13 FEB 2023
... hire followed 13 years with the Commonwealth Bank, including four as its managing director for the Americas. He arrived at CBA from an earlier stint at QTC, where he was a director of the corporation's retail asset sales team. QTC chair Damien Frawley ...

Best performing MySuper investment option named

ANDREW MCKEAN  |  THURSDAY, 12 JAN 2023
... at the bottom of the superannuation performance table, returning 2.3%. The other options at the bottom of the table were, CBA Group Super Accumulation Plus Balanced (MySuper) at 2.8%, GESB West State Super - My West State Super at 3% and Bendigo Growth ...

Perpetual welcomes Pendal board members

CASSANDRA BALDINI  |  MONDAY, 12 DEC 2022
... is also a founding partner of H2 Ventures, a privately held venture capital investment firm and is the independent chair of CBA New Digital Businesses Pty Limited, a subsidiary of the Commonwealth Bank of Australia. Meanwhile, New York-based Jones brings ...

CBA increases Countplus indemnity to $520m

ANDREW MCKEAN  |  THURSDAY, 8 DEC 2022
Commonwealth Bank of Australia (CBA) has increased the limit of indemnity provided to Countplus, from $300 million to $520 million. CBA said the purpose of the increased limit was to cover certain remediation activities that were identified at the time ...

ASIC case against Commonwealth Bank dismissed

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
The Federal Court has dismissed proceedings brought by ASIC against the Commonwealth Bank of Australia (CBA) over fees. The court dropped allegations that the bank engaged in misleading or deceptive conduct, made false or misleading representations ...

ASIC appeals CFS, CBA decision

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
... to the Essential Super product, with ASIC alleging the two entities breached conflicted remuneration laws because CFS paid CBA to distribute it in branches and online. This went on between 2013 and 2019, with close to 400,000 customers signed up. However ...