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Showing 41 - 50 of 68 results for "Matt Comyn"

Ten stories that defined the Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... financials services entities took their turn in the Royal Commission's hot seat, Commonwealth bank chief executive Matt Comyn spoke of how he planned to overhaul the bank that was "once great" under his leadership, but flagged there might be "missteps" ...

Overhaul executive remuneration: Poll

KARREN VERGARA  |  MONDAY, 26 NOV 2018
... Standing Committee on Economics in October 2017, claiming it had made the "right determination." When chief executive Matt Comyn was sworn in, the board decided to slash his total pay packet to $8.36 million - 17% lower than what former chief executive ...

Misconduct matters, but stability key for Frydenberg

HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
... actions of their organisations, with topics such as remuneration and vertical integration up for discussion. CBA chief Matt Comyn faced counsel assisting Rowena Orr over the bank's penchant for rewarding its staff with bonuses based on short term ...

Comyn promises personal accountability

KARREN VERGARA  |  TUESDAY, 20 NOV 2018
CBA chief executive Matt Comyn told the financial services Royal Commission how he plans to overhaul the bank that was "once great" under his leadership, but flagged there might be "missteps" along the way. Comyn admitted that the pursuit of financial ...

Royal Commission puts bonuses on notice

HARRISON WORLEY  |  TUESDAY, 20 NOV 2018
... achieved compliance rates 13 percentage points lower, at 62%. The research comes after Commonwealth Bank chief executive Matt Comyn became the latest finance executive to face Rowena Orr's pointed questioning at the Royal Commission. Yesterday, the ...

Link, CBA ink $1.6bn PEXA deal

JAMIE WILLIAMSON  |  TUESDAY, 6 NOV 2018
... innovative, fully digital, settlements process that aims to provide improved experiences for customers," CBA chief executive Matt Comyn said. PEXA had been gearing up for an IPO, with Link stating late last month that it would sell a significant part ...

CBA sells CFSGAM, new wealth business chief executive appointed

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
... excluded from the demerger of the bank's wealth management and mortgage broking businesses. CBA chief executive Matt Comyn said: "CFSGAM is a high quality business that has achieved strong growth under CBA's ownership for over 18 years. MUTB ...

AMP, banks respond to RC interim report

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... the removal of grandfathered commissions applied to BT products. Also responding, Commonwealth Bank chief executive Matt Comyn labelled the report confronting, adding it was right to criticise the organisation he leads. "The Royal Commission's interim ...

CBA readies wealth demerger, records $9.2bn cash profit

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... as the $700 million AUSTRAC penalty, the removal of ATM withdrawal fees and the major bank levy. CBA chief executive Matt Comyn acknowledged a challenging year and said the decision to demerge wealth management, alongside other strategic choices, was ...

CBA restructures executive leadership

JAMIE WILLIAMSON  |  MONDAY, 25 JUN 2018
... for strengthening the bank's customer relations and customer advocacy functions and will assist CBA chief executive Matt Comyn with engaging industry groups, government, regulators and community groups. Replacing Cohen in the chief risk role is former ...