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Showing 611 - 620 of 3425 results for commonwealth bank

CBA wealth boss to exit

KANIKA SOOD  |  WEDNESDAY, 13 NOV 2019
The chief executive of NewCo is set to exit among other changes to Commonwealth Bank's group executive lineup. Jason Yetton will depart in early January 2020 after just over 12 months in the role. To date, Yetton oversaw the divestment of Count ...

First Sentier adds to global leadership team

ELIZA BAVIN  |  MONDAY, 11 NOV 2019
... Clover-More where he worked as the global manager, data, analytics and innovation, and prior to that he worked with Commonwealth Bank as a data analytics manager. "Hourigan brings a depth of experience in successfully leading and implementing data management ...

Westpac chief believes in financial advice

ELIZA BAVIN  |  MONDAY, 11 NOV 2019
... issues that arose following the Royal Commission and warned that there may be further remediation costs to come. Commonwealth Bank chief executive Matt Comyn also fronted the committee and said he believes non-bank entities should face the same level ...

Adviser moves show industry upheaval

ELIZABETH MCARTHUR  |  TUESDAY, 5 NOV 2019
... revealed hundreds of movements across advice dealer groups in just the last three months. From July to October end, Commonwealth Financial Planning lost over 100 advisers, going from 568 to 447. Financial Wisdom, which is in the process of shuttering ...

Boutique hires CBA's credit strategy lead

KANIKA SOOD  |  MONDAY, 4 NOV 2019
A Melbourne boutique has hired Commonwealth Bank's highly-regarded head of credit strategy, as it launches two new funds. Scott Rundell is joining Mutual Limited as its head of research and strategy in a newly-created role. Mutual Limited was started ...

CBA finalises CommInsure sale

ELIZA BAVIN  |  FRIDAY, 1 NOV 2019
Commonwealth Bank has completed the divestment of its life insurance business to AIA Australia, which includes a 25-year joint co-operation agreement. After more than two years of negotiations, CBA said it has received an upfront payment of $500 million ...

Chief economist update: Beam us up Scotty

BENJAMIN ONG  |  FRIDAY, 25 OCT 2019
... policy decision. Nah Governor, for survey says we're now teetering on the brink. The flash estimate of the Commonwealth Bank Composite PMI fell to a reading of 50.7 in October from 52.0 in the previous month as both the manufacturing (down to 50.1) ...

New board positions for J.P.Morgan, CBA executives

ELIZA BAVIN  |  THURSDAY, 24 OCT 2019
... announced the appointment of a new chair and deputy chair on its board, bringing in C-suite executives from the Commonwealth Bank and J.P. Morgan. The Australian Financial Markets Association has appointed Robert Bedwell, chief executive of Australia ...

Westpac takes $1 billion profit hit

ELIZA BAVIN  |  THURSDAY, 24 OCT 2019
... while National Australia Bank added an extra $1.18 billion bringing its total remediation bill over $2 billion. Commonwealth Bank said it has compensated customers over $2 billion in the past financial year.

Whistleblower calls out approved product lies

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
... payments from third party life insurers, amongst other things. The report includes responses from MLC Advice, Commonwealth Bank and IOOF, gathered as part of a survey conducted by Morris. All of which said they were confident in the in their practices. ...