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Showing 521 - 530 of 1264 results for "CBA"

CBA contemplates CommInsure sale

ALEX BURKE  |  WEDNESDAY, 9 AUG 2017
... CommInsure as a "strong business with scale, expertise, competitive products and access to attractive distribution channels," CBA said the outcome of these discussions is currently uncertain. The discussions could result in a total divestment of the ...

CBA senior executives forego bonuses

EMMA RAPAPORT  |  TUESDAY, 8 AUG 2017
... group executives have been stripped of short-term bonuses ahead of tomorrow's financial results. The decision, made by the CBA board in a meeting yesterday, was reached following consideration of the collective accountability of senior management for ...

CBA blames reporting failure on software error

EMMA RAPAPORT  |  MONDAY, 7 AUG 2017
... intelligent deposit machines was caused by a software error which was not discovered for more than two years. In a public statement CBA outlined how when the machines were first rolled out in May 2012, no such error existed. But due to an unrelated software ...

CBA faces anti-money laundering allegations

EMMA RAPAPORT  |  FRIDAY, 4 AUG 2017
... Financial intelligence and regulatory agency AUSTRAC has initiated Federal Court proceedings against the bank, alleging that CBA contravened the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 more than 53,000 times. The allegations include ...

Government paves the way for open banking

EMMA RAPAPORT  |  FRIDAY, 21 JUL 2017
... choice for consumers," FinTech Australia chief executive Danielle Szetho said. Banks and industry groups including the ABA, CBA and ANZ have consistently pushed back on the policy, citing privacy, security and cost concerns. Others, including NAB - via ...

APRA sets new capital target for the big four

ALEX BURKE  |  WEDNESDAY, 19 JUL 2017
... mandated quarterly reporting date - a move the big four unilaterally slammed. Despite these issues, NAB, Westpac, ANZ and CBA issued statements saying they were broadly comfortable with APRA's new CET1 requirements. NAB chief financial officer Gary Lennon ...

Midwinter recruits to strengthen cyber security strategy

JAMIE WILLIAMSON  |  TUESDAY, 11 JUL 2017
... Midwinter's new cyber security offering, Kamino. Li brings a wealth of experience in building and leading teams from his time at CBA and the Reserve Bank of Australia, according to Midwinter managing director Julian Plummer. Kamino will provide vulnerability ...

AAT upholds ex-AMP adviser ban

KARREN VERGARA  |  FRIDAY, 7 JUL 2017
... established in October 2014 with the objective of lifting major financial advice providers' standards namely NAB, Westpac, CBA, ANZ, AMP and Macquarie.

ASX appoints new senior executive

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUL 2017
... appointed as the ASX's new chief information officer, reporting to chief operating officer Tim Hogben. Chesterman has been with CBA for almost a decade and was previously a management consultant with Accenture and Whittman Hart. Hogben said the ASX is ...

Super funds fight for financial inclusion

EMMA RAPAPORT  |  FRIDAY, 23 JUN 2017
... organisations to sign up to the FIAP program are Australian Ethical Investment, fintech Money Brilliant, and banks and insurers ANZ, CBA, NAB, Westpac, Australian Unity, and Bank Australia.