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Showing 461 - 470 of 2907 results for "Commonwealth Bank"

Chief economist update: Second wave turning our V into a W

BENJAMIN ONG  |  FRIDAY, 21 AUG 2020
Australia's private sector activity is back, back in contraction that is. The Commonwealth Bank flash Australia composite PMI fell to a reading of 48.8 in August - indicating "Contraction, change of direction" - from 57.8 in July - indicating "Expansion ...

Superannuation critical to economic recovery

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... Brisbane Airport are superannuation and other institutional funds, including the likes of Colonial First State, Commonwealth Bank Group Super, MTAA Super, Sunsuper and UniSuper. In addition AustralianSuper, Cbus, HESTA and Hostplus are major investors ...

FSU wants CBA to up pay

ELIZABETH MCARTHUR  |  THURSDAY, 13 AUG 2020
The Commonwealth Bank is in the final stages of enterprise bargaining, with the Financial Services Union using the bank's full year results as evidence rises are needed. Despite taking an 11.3% profit hit due to the impacts of COVID-19, CBA managed ...

CBA profit takes hit, dividend cut

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
The Commonwealth Bank has announced an 11.3% profit hit due to the effects of the COVID-19 pandemic and slashed its dividend by 31%. The bank announced its FY20 results, saying it reflects the impact of COVID-19 on its customers and the economy, adding ...

IOOF divests Australian Ethical

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
... and keeping clients in expensive products as issues prompting the divestment. Australian Ethical also excludes Commonwealth Bank and ANZ under its ethical screens, largely for lending to fossil fuel companies and projects including the Adani Carmichael ...

First Sentier bolsters board of directors

ALLY SELBY  |  THURSDAY, 6 AUG 2020
... Tredenick and Richard Wastcoat on the investment manager's board. Following the sale of the business from the Commonwealth Bank to Japanese bank Mitsubishi UFJ Trust and Banking Corporation, First Sentier Investors (formerly Colonial First State Global ...

Iress adds to executive team

ELIZA BAVIN  |  WEDNESDAY, 5 AUG 2020
... currently serves as chief executive, a role he has held for over four years. Prior to that, he held senior roles at Commonwealth Bank, MF Global and Dendiri Advisory. At CBA Blomfield held a number of positions, having worked at the bank for over 18years ...

Adviser jailed over $2m Ponzi scheme

JAMIE WILLIAMSON  |  TUESDAY, 4 AUG 2020
... CFS Corporation Pty Ltd. It important to note that CFS Private Wealth and CFS Corporation were not related to Commonwealth Bank-owned Colonial First State in any way. The charges against Miller related to 10 clients that were encouraged or facilitated ...

New chief risk officer at Maple-Brown Abbott

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... where she was a finance consultant. Cox spent three years as a financial controller at Challenger and worked at Commonwealth Bank, Deloitte and Barclays earlier in her career. "We are delighted to welcome Wendy to Maple-Brown Abbott and to promote Lata ...

AMP, BT and CBA to face class action

ELIZABETH MCARTHUR  |  FRIDAY, 31 JUL 2020
... million Australians were charged excessive insurance premiums by financial advisers aligned with AMP, BT and Commonwealth Bank. Proceedings have already been filed against AMP, which AMP says it will defend. The proceedings relate to financial advisers ...