Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 68 results for "Matt Comyn"

ASIC drops CBA investigation

ALLY SELBY  |  THURSDAY, 27 AUG 2020
... contraventions in risk procedures, reporting, monitoring and customer due diligence. At the time, CBA chief executive Matt Comyn apologised on behalf of the bank. "While not deliberate, we fully appreciate the seriousness of the mistakes we made. Our ...

FSU wants CBA to up pay

ELIZABETH MCARTHUR  |  THURSDAY, 13 AUG 2020
... the contribution of workers in achieving these results and deliver fair and decent pay rises." CBA chief executive Matt Comyn said in the results announcement that the bank was able to make some gains during the year due to the divestment of its wealth ...

CBA profit takes hit, dividend cut

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
... per share fully franked, adding to an interim payment of $2 per share. In the ASX announcement, CBA chief executive Matt Comyn said the strength in the banks' core businesses, combined with strong operational performance, delivering good outcomes ...

Government expands SME Guarantee Scheme

ANNABELLE DICKSON  |  MONDAY, 20 JUL 2020
... more affordable and longer term credit so that they can invest for their future. Commonwealth Bank chief executive Matt Comyn agrees and welcomes the extension. "Today's lifting of the amount available to $1 million and the loan extension to five years ...

CBA sells 55% of CFS

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAY 2020
... superannuation and investment businesses in Australia, offering members greater choice and better value," CBA chief executive Matt Comyn said. Head of KKR Australia Scott Bookmyer said: "CFS is one of the most respected providers of investment and superannuation ...

GDP to contract 10%: CBA

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
Commonwealth Bank chief Matt Comyn said the bank is anticipating a 10% contraction of GDP in the March quarter, doubling his prediction from last week. Last week Comyn had predicted a 5-6% impact on the economy but said he revised his prediction due ...

Why banks are lifting TD rates

ALLY SELBY  |  FRIDAY, 27 MAR 2020
... Commonwealth Bank, announced it would lift its 12-month term deposit rate by 60bps to 1.7%. At the time, CBA chief executive Matt Comyn said the increase would support the bank's customers during this period of uncertainty. "These are unprecedented ...

Banks defer small business loan repayments

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... regulatory treatment, though still requires authorisation from ASIC. The news comes after Commonwealth Bank chief executive Matt Comyn vowed to "do everything that we can" to keep businesses open and people employed during the crisis. Comyn said this ...

ScoMo launches $17b stimulus package

ALLY SELBY, ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
... ready to face the challenge of COVID-19 and will assist customers. ABA chair and Commonwealth Bank chief executive Matt Comyn said the banks will continue to support Australians during this time. "Australia has a very strong financial system with banks ...

CBA underpayments reach $53 million

ELIZA BAVIN  |  MONDAY, 16 DEC 2019
... with CBA adding it expects the remaining payments to be approximately $25 million plus interest. CBA chief executive Matt Comyn said it was unacceptable that employees were not paid their correct entitlements. "This should never have happened and I apologise ...