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Showing 421 - 430 of 1264 results for "CBA"

CBA enters APRA EU

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
... management framework "worked better on paper than in practice." Releasing the final report of its prudential inquiry into CBA, the regulator said it identified a "complex interplay of organisational and cultural factors at work", demonstrating a common ...

ASIC grilled over negotiating with banks

ALEX BURKE  |  FRIDAY, 27 APR 2018
... appropriate, we'll have an alternative action." This line of questioning came about because of the community benefit payments made by CBA and ANZ following enforceable undertakings; both banks made payments of $3 million. Orr asked how ASIC determined ...

Mainstream adds former Commonwealth Bank GM to board

HARRISON WORLEY  |  THURSDAY, 26 APR 2018
... funds management, capital markets and wholesale banking. She previously served as general manager of corporate banking at CBA, and earlier was senior vice president of funds management at Bankers Trust working across offices in Japan, New York and Sydney. ...

ANZ blames systems for inadequate controls: RC

KARREN VERGARA  |  MONDAY, 23 APR 2018
... agreed net promoter scores that measure customer satisfaction would have been feasible to incentivise advisers. Last week, CBA executive general manager of the private banking division Marianne Perkovic told the Commission that CBA's systems were so ...

RECAP: Advice in the Royal Commission spotlight (Day 4 and 5)

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... heard on day four and five of the financial advice industry's turn before Commissioner Kenneth Hayne. Executives from Westpac, CBA and AMP have now made an appearance. Here's everything you need to know: April 20: First casualty at AMP, BTFG talks culture ...

ROYAL COMMISSION: Top stories

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
... admit its Count Financial subsidiary charged ongoing service fees to clients it knew had passed away. Providing testimony, CBA executive general manager, Commonwealth Private Marianne Perkovic acknowledged that on at least three separate occasions authorised ...

Dead advice clients slugged ongoing service fees

JAMIE WILLIAMSON  |  THURSDAY, 19 APR 2018
... subsidiaries charged ongoing service fees to clients it knew had passed away. Providing testimony to the Royal Commission today, CBA executive general manager, Commonwealth Private Marianne Perkovic acknowledged that on at least three separate occasions ...

RECAP: Advice in the Royal Commission spotlight (Days 1 - 3)

KANIKA SOOD  |  THURSDAY, 19 APR 2018
... of papers, awkward pauses and some confusing apologies, here's all the evidence heard by the Commission so far: April 18: CBA comes in, AMP goes out AMP advisers could dip into their client's investments to deduct fees if the clients' account did not ...

Royal Commission latest: CBA doing more with fewer advisers

KARREN VERGARA  |  WEDNESDAY, 18 APR 2018
... service obligations - all during a time when it slashed adviser numbers and doubled its client base. This is according to CBA executive general manager of the private banking division Marianne Perkovic, who fronted the afternoon session of the financial ...

CFSGAM prepares IPO, names board candidates

DARREN SNYDER  |  TUESDAY, 17 APR 2018
... ability of CFSGAM to serve the interests of its clients, attract and retain key personnel and better grow its business," a CBA statement said. "While CFSGAM has achieved significant growth, scale and diversification under the current ownership structure ...