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Showing 411 - 420 of 2907 results for "Commonwealth Bank"

AIA progresses with acquisition

ANNABELLE DICKSON  |  TUESDAY, 19 JAN 2021
... Federal Court of Australia's consideration of the scheme at a hearing in March 2021. In September last year, Commonwealth Bank (CBA) received a payment of approximately $450 million for the sale of CommInsure Life. The payment followed a $500 million ...

Northern Trust wins First Sentier mandate

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... global manager has appointed Northern Trust for middle-office outsourcing services, after it separated from Commonwealth Bank. First Sentier Investors' middle-office functions were handled by CBA subsidiary Colonial First State Investments Limited ...

ASIC unveils school banking program review

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
... advertising and marketing tactics by the banks. Interestingly, 84% of parents surveyed are satisfied with the program. Commonwealth Bank has a significant foothold of the school banking market, attracting 3629 schools with 175,138 active accounts. Bendigo ...

Aussie, Lendi to merge

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
Lendi and Commonwealth Bank have entered into an agreement to merge Lendi with Aussie Home Loans. The merged business will maintain a multi-brand strategy but Lendi will also access the more recognisable Aussie brand name and its national network of ...

Financial services' biggest tax bills revealed

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... ($46.5 million), J.P. Morgan Australia ($46 million), Perpetual at ($40 million) and WAM Capital ($24 million). Commonwealth Bank had the highest tax payable bill from the big four banks at $3.2 billion, followed by Westpac at $3 billion, NAB at $2.1 ...

CBA provides BoCommLife update

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
Commonwealth Bank of Australia (CBA) has made progress on exiting life insurance after the China Banking and Insurance Regulatory Commission approved the sale of its stake in BoCommLife. The bank will divest its 37.5% stake in BoCommLife to MS&AD Insurance ...

Amazon Web Services expands Australian operations

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
... to achieve even greater fault tolerance. The Melbourne Region will launch with the availability of three AZs. Commonwealth Bank executive general manager, global technology services Mark Vudrag believes having safe and resilient infrastructure allows ...

CBA opens Amsterdam office, eyes European instos

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
Armed with a new licence, the Commonwealth Bank is making a play for European institutional investors by establishing a new office in the Netherlands. The newly licensed Dutch subsidiary, Commonwealth Bank of Australia (Europe) N.V., is scheduled to ...

AMP appoints advice transformation manager

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... at TAFE NSW and an executive business manager at Bank of Queensland. She also spent four years working on the Commonwealth Bank's future advice model as a program director between 2013 and 2017. Earlier in her career, Hopkins held roles at Westpac, Citi ...

New internal audit guide for finance sector

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
... throughout the organisation. IIA chair Sandra Birkensleigh said after APRA's prudential inquiry into the Commonwealth Bank, it was clear that internal audits could play a role in governance structures. "In many instances audit reports were just ignored," ...