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Showing 651 - 660 of 2907 results for "Commonwealth Bank"

Gender diversity in advice dormant

JAMIE WILLIAMSON  |  FRIDAY, 9 NOV 2018
... banks have numbers approaching one third of their total adviser force. About 27% of the advisers aligned with Commonwealth Bank are female and women make up 26% of the advisers linked with both Westpac and NAB. Women account for more than one-third of ...

Link, CBA ink $1.6bn PEXA deal

JAMIE WILLIAMSON  |  TUESDAY, 6 NOV 2018
... Australia's biggest bank will acquire Property Exchange Australia (PEXA) for $1.6 billion. Last month Link Group, Commonwealth Bank of Australia and Morgan Stanley Infrastructure Partners made an offer to acquire PEXA, which has now been accepted by ...

Macquarie to front Royal Commission

JAMIE WILLIAMSON  |  MONDAY, 5 NOV 2018
... called upon by Commissioner Hayne for the final round are as below: AMP ANZ APRA ASIC Bendigo and Adelaide Bank Commonwealth Bank of Australia Macquarie Group NAB Westpac The seventh round of public hearings will be held in Sydney at the Lionel Bowen ...

CBA sells CFSGAM, new wealth business chief executive appointed

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
Commonwealth Bank is selling Colonial First State Global Asset Management (CFSGAM) to a Japanese buyer. The bank has entered into an agreement with Mitsubishi UFJ Trust and Banking Corporation (MUTB) to sell the business for $4.13 billion for a total ...

CBA ramps up blockchain

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
Commonwealth Bank is close to completing more blockchain projects, after it delivered the world's first blockchain bond with World Bank in August. Speaking at SIBOS, Sophie Gilder who is CBA's head of experimentation and commercialisation for ...

Advice dealer group takes out governance award

JAMIE WILLIAMSON  |  TUESDAY, 23 OCT 2018
... challenge of embedding compliance, risk, ethics and governance in their organisation." Westpac, NAB, ANZ, AMP, Commonwealth Bank, AIA and Thomson Reuters are principle members of the institute. Elders has just joined IOOF as part of the group's acquisition ...

ASIC moves on Dollarmites

HARRISON WORLEY  |  FRIDAY, 19 OCT 2018
ASIC is set to review banking and financial literacy programs in Australian primary schools, including Commonwealth Bank's recently criticised Dollarmites program. ASIC said school banking programs are supposed to educate young Australians about the ...

Former AustralianSuper risk boss joins AMP super boards

HARRISON WORLEY  |  TUESDAY, 16 OCT 2018
... superannuation and consumer services, which saw her in senior management roles with the likes of BNP Paribas, Commonwealth Bank and Qantas. AMP Superannuation Limited chairman Rick Allert said Brain and Doyle's experience would ensure the wealth manager's ...

Ban Dollarmites: Spot poll

KARREN VERGARA  |  MONDAY, 15 OCT 2018
... them into long-term customers of a bad-value bank," Kirkland said. "Once you factor in recent revelations that Commonwealth Bank staff fraudulently activated Dollarmite accounts for personal gain, awarding them a Shonky was an easy decision." CHOICE's ...

CBA to refund dead customers, grandfathered commissions

JAMIE WILLIAMSON  |  TUESDAY, 9 OCT 2018
Commonwealth Bank will refund unauthorised advice fees charged to dead customers and rebate all grandfathered commissions charged to clients of Commonwealth Financial Planning. Taking further action to improve its wealth management business, CBA has ...