Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 511 - 520 of 2919 results for "Commonwealth bank"

Chief economist update: The outlook for Australia, according to COVID-19

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2020
... scenario inflation is 1 to 11/2 per cent in 2021 and gradually picks up further from there." The drop in the Commonwealth Bank Composite PMI for Australia (that was released on the same day as the RBA's Board meeting) to a record low of 21.7 in April ...

Westpac to review business units

JAMIE WILLIAMSON  |  MONDAY, 4 MAY 2020
Westpac has determined several of its business units lack sufficient scale, including superannuation and investments, and is set to launch a review aimed at simplifying the group. Announcing results today, Westpac said it is establishing a new specialist ...

CBA sells CommSec Adviser Services

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 APR 2020
The Commonwealth Bank has entered into an agreement to sell AUSIEX, which trades as CommSec Adviser Services, to a Japanese firm. Nomura Research Institute, a Japanese technology solutions and business consulting firm, has entered into an $85 million ...

University of Sydney scores win at CFA competition

KANIKA SOOD  |  FRIDAY, 24 APR 2020
... Michael Toh, won the Global Champion award at the annual CFA Institute Research Challenge for their research on Commonwealth Bank. Jassis Chen, Jessica Wu, Sahil Arora, Tom Luo and Jeffrey Brown defended their analysis of CBA to a panel of judges, including ...

Healthcare outperforms as financials plummet

ALLY SELBY  |  FRIDAY, 17 APR 2020
... 18.5% over 20 years." This is mostly thanks to global biotechnology company CSL, which recently unseated the Commonwealth Bank as Australia's largest company by market cap. "Because of its size (CSL represents about 70% of the S&P/ASX 200 healthcare ...

CBA appoints chief economist

ALLY SELBY  |  TUESDAY, 7 APR 2020
Commonwealth Bank has appointed a new chief economist, set to take on the new role in addition to his responsibilities as the bank's head of global economic and markets research. Stephen Halmarick nabbed the new role this week, having been with ...

Count Financial bolsters leadership team

ALLY SELBY  |  MONDAY, 6 APR 2020
... of the Institute of Internal Auditors. Countplus sold its financial advisory business Count Financial to the Commonwealth Bank in 2011 for $373 million. It acquired the business back from the bank late last year for just $2.5 million and has since been ...

Count Financial adds tech integrations

ALLY SELBY  |  THURSDAY, 2 APR 2020
... time during the discovery and advice formulation process. With Countplus taking over Count Financial from the Commonwealth Bank in late 2019, the new tech integrations will remedy the lack of communication between accounting platforms and financial advice ...

GDP to contract 10%: CBA

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
Commonwealth Bank chief Matt Comyn said the bank is anticipating a 10% contraction of GDP in the March quarter, doubling his prediction from last week. Last week Comyn had predicted a 5-6% impact on the economy but said he revised his prediction due ...

Court confirms Storm Financial founders breached duties

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... to each of the 11 investors in question". Storm collapsed in 2009 after being forced into administration by Commonwealth Bank. The Townsville-based company was about $90 million in debt. In 2010, ASIC's initial case centered around specific investors ...