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Showing 511 - 520 of 2907 results for "Commonwealth Bank"

Why remediation jobs aren't short-term

ELIZABETH MCARTHUR  |  TUESDAY, 24 MAR 2020
The woman who ran BT Financial Group's advice remediation program has revealed what financial advisers need to know about remediation, and why some of the banks may make their remediation teams permanent. Melissa Bogg was program director and head ...

AMP director retires

ALLY SELBY  |  MONDAY, 23 MAR 2020
... most trusted and distrusted brands. AMP ranked third among the least trusted brands in Australia. It topped Commonwealth Bank, NAB, ANZ and Westpac, which all made the top 10. Bendigo and Adelaide Bank was the only financial services firm to make the ...

Banks defer small business loan repayments

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... provide the appropriate regulatory treatment, though still requires authorisation from ASIC. The news comes after Commonwealth Bank chief executive Matt Comyn vowed to "do everything that we can" to keep businesses open and people employed during the ...

ASIC drags CFS to court over MySuper

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... of the ASIC Act in relation to the communications. The amount of the penalty will be determined by the court. Commonwealth Bank said in a statement it had been informed by CFS that a civil penalty claim has been brought by ASIC. "The claim alleges certain ...

CBA in court over RC case studies

ELIZABETH MCARTHUR  |  MONDAY, 16 MAR 2020
ASIC has commenced proceedings against Commonwealth Bank over the AgriAdvantage Plus Package and credit services provided to problem gamblers. Both cases were Royal Commission case studies and are being pursued by the regulator in the Federal Court. ...

ScoMo launches $17b stimulus package

ALLY SELBY, ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
... Association (ABA) announced it is ready to face the challenge of COVID-19 and will assist customers. ABA chair and Commonwealth Bank chief executive Matt Comyn said the banks will continue to support Australians during this time. "Australia has a very ...

ASIC turns up the heat on enforcement

HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
... 52% increase in enforcement investigations involving Australia's largest financial institutions, including the Commonwealth Bank, NAB, Westpac, ANZ and AMP and their subsidiaries since January 2019, just prior to the release of the Commission's final ...

First State hires from CBA

ELIZA BAVIN  |  TUESDAY, 25 FEB 2020
First State Super has announced the appointment of a new C-suite executive, hiring from Commonwealth Bank. Jane Couchman has been named as the $105 billion super fund's new chief risk officer, having previously been responsible for leading CBA's ...

Investments head departs super fund

HARRISON WORLEY  |  MONDAY, 24 FEB 2020
... long-time head of investment. Rundle has served the fund since 2008, following stints at MFS, Colonial First State, Commonwealth Bank and State Street. LGIAsuper has not confirmed whether it will hire a replacement for Rundle. His departure comes just ...

New private credit fund to launch

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... Longreach Capital and Macquarie, and iPartners chief operating officer Chris Reade who previously held roles at Commonwealth Bank, Nikko and UBS. The fund has been designed to hold a mix of private credit, asset-backed credit, property credit and cash ...