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| | | ... Westpac continues to work through, the spokesperson added. In the past two years, three major banks - ANZ, Commonwealth Bank and National Australia Bank - announced plans to divest wealth management arms. In November last year, Westpac chief executive ... |
| | | | ... the economy; they're not putting all their eggs in one basket," Hutley said. This is backed by news today from Commonwealth Bank that it is introducing same day decisions on simple business lending. It will be available from March for unsecured business ... |
| | | | Commonwealth Bank's profits fell more than 6% to $4.6 billion in the first-half of FY19 and the bank kept its interim dividend at $2 per share. The $4.6 billion NPAT includes discontinued operations: CommInsure Life, CFSGAM and Sovereign. The cash ... |
| | | | ... accept responsibility for, poor conduct of the kinds examined in this inquiry," Hayne said. In its response, Commonwealth Bank said the Royal Commission had been valuable for all stakeholders in the financial services industry, and would result in CBA ... |
| | | | Hours before the final report from the Royal Commission goes public, Commonwealth Financial Planning has been ordered by ASIC to stop charging ongoing service fees. It is also barred from entering any new ongoing service arrangements with customers. ... |
| | | | ... performing and visual arts. In addition to NAB, Ullmer was group executive of institutional and business services at Commonwealth Bank as well as group chief financial officer from 1997 to 2002. He is a former partner at KPMG and is current chair of ... |
| | | | The corporate regulator permanently banned a former NAB financial adviser, while a former Commonwealth Bank and Synchron adviser was handed a five-year ban. Tai Thanh Nguyen of Adelaide was permanently banned by ASIC for dishonest conduct while licensed ... |
| | | | ... were regional and mutual banks Heritage Bank, Bank SA and Teachers Mutual and - Australia's largest bank - the Commonwealth Bank. Those asked to provide advice for friends and family also tend to be well off, with 35.9% of financial institution customers ... |
| | | | The general manager of Commonwealth Bank-owned dealer group Count Financial has resigned. A spokesperson for Commonwealth Bank confirmed Ed Box has left the licensee to pursue a retail banking opportunity outside of CBA Group. Hugh Humphrey, CBA executive ... |
| | | | Commonwealth Bank has started accepting Alipay on its EFTPOS devices in a bid to attract Chinese shoppers who last year spent $10.9 billion in Australia. This makes CBA the first of the big four banks to accept Alipay in Australia, ahead of NAB which ... |
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