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Showing 661 - 670 of 2907 results for "Commonwealth Bank"

Banks to answer for Hayne report

JAMIE WILLIAMSON  |  MONDAY, 8 OCT 2018
... gone unpunished, or the consequences have not met the seriousness of what has occurred and must be addressed." Commonwealth Bank and Westpac will face the committee this Thursday; ANZ will face questioning on Friday; and NAB is set to appear the following ...

CBA fires up over Dollarmites criticism

HARRISON WORLEY  |  FRIDAY, 5 OCT 2018
Commonwealth Bank has responded to widespread criticism of its longstanding Dollarmites program. Executive general manager of the bank's retail arm, Mark Jones said CBA is proud of its school banking program, which has been running now for 87 years. ...

AMP, banks respond to RC interim report

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... undertaken reforms such as 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 ...

Banking remuneration practices to blame for misconduct

MICHELLE BALTAZAR  |  FRIDAY, 28 SEP 2018
... likelihood of misconduct. "Given the terms of reference for, and the resulting report of, the Prudential Inquiry into Commonwealth Bank, it would be surprising and cause for concern, if APRA's approach to prudential governance of remuneration remained ...

SMSFs seek offshore diversification

JAMIE WILLIAMSON  |  WEDNESDAY, 26 SEP 2018
... property loan amount sitting at $262,000. The most commonly held investments by SMSFs as at June 2018 were Westpac; Commonwealth Bank; Magellan Global Fund; BHP Billiton; ANZ; NAB; Platinum International Fund; CLS; Wesfarmers; and Telstra. SuperConcepts ...

Industry body names first chief executive

JAMIE WILLIAMSON  |  MONDAY, 24 SEP 2018
... implementation of the next phase of the strategy." The industry body is also welcoming two new board directors in Commonwealth Bank head of governance and assurance Jasper Poos; and Harold Lucero, founder of Lucsan - a regtech recently acquired by IRESS. ...

CFSGAM chief executive departs

JAMIE WILLIAMSON  |  FRIDAY, 21 SEP 2018
... of its global revenues now being derived from its international client relationships," CFSGAM said. In April, Commonwealth Bank announced it will pursue an initial public offering of CFSGAM. At the time, CBA said Lazberger would continue as chief executive ...

LIC invests in crypto platform

KARREN VERGARA  |  WEDNESDAY, 19 SEP 2018
... and digital assets. Separately, several major institutions have recently backed a blockchain bond developed by Commonwealth Bank and the World Bank, deemed to be the world's first. First State Super, NSW Treasury Corporation (TCorp), Treasury Corporation ...

AMP, CBA respond to record class action bid

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
AMP and Commonwealth Bank have responded to Slater and Gordon's announcement of a potential class action which could see the two parties forced to repay more than $500 million that was unfairly deducted from superannuation fund accounts. Launching ...

CBA appoints board director

KANIKA SOOD  |  WEDNESDAY, 12 SEP 2018
Commonwealth Bank of Australia has appointed a former BlueScope Steel chief executive as it continues to renew its board. Paul O'Malley will be an independent non-executive director on CBA's board, starting 1 January 2019. Retiring director Brian Long ...