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Showing 441 - 450 of 1264 results for "CBA"

Royal Commission could lead to credit crunch: UBS

ALEX BURKE  |  WEDNESDAY, 28 MAR 2018
... be addressing irresponsible lending. The report cited ANZ recently ceasing consumer loans for cars, boats and caravans and CBA suspending credit card and personal loan insurance. "Following intense questioning by the Royal Commission, we believe the ...

Commonwealth Bank parts with Narev-era executives

KANIKA SOOD  |  MONDAY, 26 MAR 2018
... have in turn led to industry-leading customer satisfaction. More broadly, Kelly has been a major contributor over time to CBA's wider strategy," Narev said. Rosmarin's role will be filled by CBA's current executive general manager business and corporate ...

Kim Ivey launches new boutique

ALEX BURKE  |  MONDAY, 26 MAR 2018
... independent directors." Ivey founded Vertex Capital Management in 1997, having previously been head of risk management at CBA. He is the former president of the Australian chapter of the Alternative Investment Management Association and co-founder of ...

CBA and AUSTRAC agree to mediate

ALEX BURKE  |  FRIDAY, 23 MAR 2018
At the request of both parties, the Federal Court has referred the proceedings between CBA and AUSTRAC to mediation. The Court's decision also requires AUSTRAC to file and serve any reply to CBA's amended response by April 6 and set a timetable for ...

Challenger chief becomes FSC deputy chair

ALEX BURKE  |  THURSDAY, 22 MAR 2018
... operating officer. Before Challenger, he held senior roles at J.P. Morgan, Macquarie and Bankers Trust. The FSC also appointed CBA executive general manager, Commonwealth Private, Marianne Perkovic as a director, replacing CBA wealth management group ...

Zurich hires risk strategy specialist, retains OnePath brand

KARREN VERGARA  |  TUESDAY, 20 MAR 2018
... business. Crabbe's 25 years of experience spans risk, financial advice and academia. He was a senior analyst of risk research at CBA, joining in June 2013 and prior to that was a practitioner and lecturer at Kaplan. Zurich head of sales for life risk ...

ANZ halts asset secured loans to retail customers

KANIKA SOOD  |  MONDAY, 19 MAR 2018
... between 2013 and 2015. The bank is slated to appear before the banking Royal Commission this week, after executives from NAB and CBA testified last week. Retail investors held 42% of the company's shares, as of November last year.

NAB launches super virtual assistant

KARREN VERGARA  |  FRIDAY, 16 MAR 2018
... solved immediately - we don't want to be left waiting. Our lives are busier than ever before," Davey said. Early this year, CBA launched Ceba, a chatbot that recognises about 60,000 consumer banking questions. Ceba's point of difference, according to ...

Financial advice under the Royal Commission spotlight next month

ALEX BURKE  |  TUESDAY, 13 MAR 2018
... credit cards. Case studies used in the hearings will involve NAB's Introducer Program and fraudulent home loan applications; CBA's accreditation of its brokers; Westpac car finance practices; and Citi's imposition of international transaction fees. An ...

More than half fail CFA exam

KARREN VERGARA  |  FRIDAY, 9 MAR 2018
... years, the average pass rate for each level is: 40% (Level I), 44% (Level II) and 52% (Level III). According to the institute, CBA employed the largest group of CFAs (124), followed by NAB (95), Macquarie Group (81) and Westpac (72) and ANZ (49) based ...