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Showing 31 - 40 of 373 results for "Commonwealth Bank of Australia"

CBA underpayments reach $53 million

ELIZA BAVIN  |  MONDAY, 16 DEC 2019
The Commonwealth Bank of Australia will commence payments of a further $14.9 million as employee underpayments surpass $53 million. The bank said it has notified and repaid approximately 41,000 current and former employees, leave balances have been ...

APRA to take transparent approach

HARRISON WORLEY  |  TUESDAY, 19 NOV 2019
... APRA's work. APRA said its new "more transparent approach" builds on the Prudential Inquiry into the Commonwealth Bank of Australia and the results of the self-assessments APRA requested from a series of large financial institutions following CBA's examination. ...

Morgans snaps up CommSec Advisory business

ELIZA BAVIN  |  TUESDAY, 24 SEP 2019
... Morgans has acquired CommSec Advisory for an undisclosed sum, after winning a tender conducted by the Commonwealth Bank of Australia. There are about 18 financial advisers in the team who collectively manage around $4 billion on behalf of clients. Both ...

Chief economist update: Surveys back All Ords climb

BENJAMIN ONG  |  MONDAY, 24 JUN 2019
... expansion in new orders presages improving activity going forward. This is consistent with the Commonwealth Bank of Australia (CBA) PMI survey. The flash estimate of the CBA composite PMI index rose from a reading of 51.5 in May to 53.1 in June - the ...

APRA sets sights on 2019 targets

HARRISON WORLEY  |  FRIDAY, 1 MAR 2019
... and stability remain at the core of APRA's objectives. But APRA's Prudential Inquiry into Commonwealth Bank of Australia (CBA) highlighted the importance of not just having a healthy balance sheet, but also strong governance, a sound culture ...

Link, CBA ink $1.6bn PEXA deal

JAMIE WILLIAMSON  |  TUESDAY, 6 NOV 2018
... biggest bank will acquire Property Exchange Australia (PEXA) for $1.6 billion. Last month Link Group, Commonwealth Bank of Australia and Morgan Stanley Infrastructure Partners made an offer to acquire PEXA, which has now been accepted by investors representing ...

Macquarie to front Royal Commission

JAMIE WILLIAMSON  |  MONDAY, 5 NOV 2018
... Commissioner Hayne for the final round are as below: AMP ANZ APRA ASIC Bendigo and Adelaide Bank Commonwealth Bank of Australia Macquarie Group NAB Westpac The seventh round of public hearings will be held in Sydney at the Lionel Bowen Building, 97-99 ...

CBA appoints board director

KANIKA SOOD  |  WEDNESDAY, 12 SEP 2018
Commonwealth Bank of Australia has appointed a former BlueScope Steel chief executive as it continues to renew its board. Paul O'Malley will be an independent non-executive director on CBA's board, starting 1 January 2019. Retiring director Brian Long ...

More clarity needed on NAB redundancies

JAMIE WILLIAMSON  |  FRIDAY, 3 NOV 2017
... job cuts have added to the FSU's work load as it currently works with employees of Westpac and Commonwealth Bank of Australia after recent announcements of impending job losses. According to the FSU, Westpac announced in September that it would be dropping ...

Less than half pass CFA exam

KARREN VERGARA  |  TUESDAY, 3 OCT 2017
... also shows the four major banks and Macquarie Group to be the top CFA employers in Australia. The Commonwealth Bank of Australia employs the largest group of CFAs (124), followed by NAB (95), Macquarie Group (81) and Westpac (72) and ANZ (49). AMP Limited ...