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

Search Results

Showing 41 - 50 of 62 results for "Matt Comyn"

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 ...

CBA to demerge CFS, mulls further CommInsure sell-off

JAMIE WILLIAMSON  |  MONDAY, 25 JUN 2018
... initial public offering for CFSGAM which was expected to be completed by the end of this year. CBA chief executive Matt Comyn said that as the bank progressed that strategy, it was decided a demerger was in fact in the best interests of shareholders. ...

CBA settles with AUSTRAC for $700m

JAMIE WILLIAMSON  |  MONDAY, 4 JUN 2018
... The agreement brings certainty to one of the most significant issues CBA has faced, the bank's chief executive Matt Comyn said. He said while the contraventions were not deliberate, the bank fully appreciates the severity of its mistakes. "Our agreement ...

CBA sells interests in Chinese insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAY 2018
... carrying value of CBA's interest in BoComm Life was about $150 million. Commenting on the sale, CBA chief executive Matt Comyn said: "This transaction represents a further step in simplifying and focusing our portfolio and follows the announcement of ...

Commonwealth Bank CFO resigns

JAMIE WILLIAMSON  |  MONDAY, 14 MAY 2018
... as our chief financial officer while we complete an internal and external search for the role," CBA chief executive Matt Comyn said. He added that the bank is making good progress with the renewal of its executive team. "I expect to provide an update ...

CBA enters APRA EU

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
... threats to CBA's reputation. The consequences of this slowness were not grasped." In response, CBA chief executive Matt Comyn said change starts with acknowledging mistakes and apologised to customers, staff, regulators, shareholders and the Australian ...

CBA advice failures unacceptable: Comyn

DARREN SNYDER  |  FRIDAY, 13 APR 2018
Commonwealth Bank chief executive Matt Comyn apologised for the group's financial advice failures as two CBA planning subsidiaries entered an enforceable undertaking with ASIC - all before the financial services Royal Commission tackles advice on Monday. ...