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Showing 601 - 610 of 3425 results for commonwealth bank

Ord Minnett chief resigns

ALLY SELBY  |  MONDAY, 16 DEC 2019
... Ord Minnett, Gunning was responsible for the financial advice businesses across Colonial First State at the Commonwealth Bank. He held various positions on the board at Colonial First State and was a member of the Colonial First State Executive Committee. ...

CBA underpayments reach $53 million

ELIZA BAVIN  |  MONDAY, 16 DEC 2019
The Commonwealth Bank of Australia will commence payments of a further $14.9 million as employee underpayments surpass $53 million. The bank said it has notified and repaid approximately 41,000 current and former employees, leave balances have been ...

Former CBA exec takes over at Optus

ALLY SELBY  |  FRIDAY, 6 DEC 2019
... executive committee of Singtel's Thai associate, AIS. Prior to her role at Optus, Bayer Rosmarin oversaw the Commonwealth Bank's institutional banking and market operations. She left in April 2018 following a string of scandals that plagued the bank ...

ACCC immunity deal questioned by court

ELIZA BAVIN  |  FRIDAY, 6 DEC 2019
... forced to answer questions over the immunity deal offered to him by the ACCC over the cartel scandal of 2015. The Commonwealth brought charges against ANZ, Citigroup and Deutsche Bank following an ACCC investigation into a $2.5 billion ANZ share sale ...

CBA chief tasked with rebuilding banking

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
Commonwealth Bank chief Matt Comyn has taken over the reins as chair of the Australian Banking Association (ABA). The position is rotated between the chief executives of Australia's major banks, with ANZ chief executive Shayne Elliot stepping down from ...

CommInsure cops $700k hawking fine

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... been fined $700,000 after pleading guilty to hawking offences. The Colonial Mutual Life Assurance Society - a Commonwealth Bank subsidiary trading as CommInsure - has been convicted of 87 counts of offering to sell insurance products in the course of ...

Three advisers cop ASIC bans

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
... Jianchao Xu, who was most recently employed at Neo Wealth Solutions until October end. He has previously worked at Commonwealth Financial Planning and Westpac. The ban runs until November 2024. Lastly, ASIC banned Lawrence Dean O'Neill for four years. ...

NAB accused of greenwashing

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
... Global Investor Statement on Climate Change agreed to exit thermal coal five years earlier than NAB, by 2030. Commonwealth Bank updated its environmental policy earlier this year to match that 2030 timeline. Suncorp has committed to exiting thermal coal ...

APRA to take transparent approach

HARRISON WORLEY  |  TUESDAY, 19 NOV 2019
... public about APRA's work. APRA said its new "more transparent approach" builds on the Prudential Inquiry into the Commonwealth Bank of Australia and the results of the self-assessments APRA requested from a series of large financial institutions following ...

CommInsure enters guilty plea

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
... unlawful, unsolicited telephone calls. CommInsure is, and was at the relevant time, a wholly owned subsidiary of Commonwealth Bank. "Between October and December 2014, CommInsure, through its agent, telemarketing firm Aegon Insights Australia...unlawfully ...