Search ResultsShowing 41 - 50 of 100+ results for "Commonwealth Bank"
CountPlus transfers SMA management
KANIKA SOOD  |  MONDAY, 1 JUL 2019
... from this transaction are expected to offset most of the write down in the carrying value of TFS." On June 13, Commonwealth Bank said it had entered into an agreement to sell Count Financial , which has 351 advisers and was to be a part of NewCo, to ...
Chief economist update: RBA justified to cut rates or not
BENJAMIN ONG  |  FRIDAY, 28 JUN 2019
... further reduction in the cash rate." But will it be as soon as next week? Australia's big four banks - ANZ, Commonwealth Bank, NAB, Westpac - think the RBA will announce a 25 bps reduction in interest rates at the conclusion of its July 2 board meeting. ...
FSC adds to board
ELIZABETH MCARTHUR  |  MONDAY, 24 JUN 2019
... board along with Challenger chief financial officer Andrew Tobin and chief executive officer of NewCo at the Commonwealth Bank Jason Yetton.
Chief economist update: Surveys back All Ords climb
BENJAMIN ONG  |  MONDAY, 24 JUN 2019
... the continued 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 ...
Commonwealth Bank mulls retail advice business sale
KANIKA SOOD  |  FRIDAY, 21 JUN 2019
Commonwealth Bank is reviewing options for its CommSec Advisory business, including a potential sale. "As part of our focus on becoming a simpler, better bank, we are currently reviewing a number of options for CommSec's retail financial advice ...
Culture isn't everything: ASIC
HARRISON WORLEY  |  WEDNESDAY, 19 JUN 2019
... short-term financial results "to the exclusion of anything else", noting APRA's prudential report into the Commonwealth Bank documented the dangers of using such a lens to evaluate performance. With culture forming a strong theme in the Royal Commission's ...
Former First State chief joins TCorp
HARRISON WORLEY  |  MONDAY, 17 JUN 2019
... service to superannuation. The addition of Dwyer to the TCorp board follows the manager's appointment of former Commonwealth Bank debt markets head Simon Ling in May , as financial markets general manager.
CBA sells advice dealer group
JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2019
Commonwealth Bank is offloading its financial advice subsidiary, Count Financial. The group announced this morning is has entered into an agreement to sell the dealer group to CountPlus for $2.5 million. It will also, over time, sell its 35.9% holding ...
Challenger funds management chief resigns
KARREN VERGARA  |  FRIDAY, 7 JUN 2019
... divisions: Challenger Investment Partners and Fidante Partners. Saines was previously a group executive at Commonwealth Bank's institutional banking and markets business, instrumental in designing and implementing the group's total capital solutions ...
Spitfire acquires adviser platform, names chief
ELIZABETH MCARTHUR, KARREN VERGARA  |  MONDAY, 3 JUN 2019
... for BT Panorama's investment, managed accounts and superannuation capabilities. He previously worked at Commonwealth Bank, Macquarie Bank, GBST and Morgan Stanley. Johnson said he is looking forward to working with the Spitfire team to improve the ...
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