Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 671 - 680 of 2904 results for "Commonwealth bank"

Boutique manager expands fixed income team

KANIKA SOOD  |  WEDNESDAY, 5 SEP 2018
A $10 billion boutique fund manager has made two key appointments to its investment team, as institutional and retail investors continue to pour money into its strategies. Ardea Investment Management has appointed former Deutsche Bank fixed income research ...

Aussie instos back world-first blockchain bond

KANIKA SOOD  |  FRIDAY, 24 AUG 2018
Seven institutional investors have backed the world's first blockchain bond developed by Commonwealth Bank and the World Bank. First State Super, NSW Treasury Corporation (TCorp), Treasury Corporation of Victoria, CBA, QBE and SAFA signed on as ...

First on the block: CBA to develop blockchain bond

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
... Australia's biggest bank is set to deliver the world's first blockchain bond, in partnership with the World Bank. Commonwealth Bank (CBA) will deliver the first bond in the world to be created, allocated, transferred and managed using blockchain technology. ...

CBA readies wealth demerger, records $9.2bn cash profit

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... meanwhile CFS super and investments had $138 billion in funds under advice, not including the $10 billion in Commonwealth Bank Group Super. CBA expects to complete its sale of CommInsure before the end of calendar 2018. NewCo currently employs about ...

ASIC staff to investigate institutions from the inside

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
... key measures, including $8 million for a new supervisory program in which ASIC staff will be embedded within Commonwealth Bank, ANZ, NAB, Westpac and AMP to monitor governance and compliance. Additionally, a taskforce dedicated to conducting a broad ...

Financial abuse: A hidden epidemic

JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
Commonwealth Bank is extending its domestic and family violence support program due to customer need, with its helpline receiving about 90,000 calls in the first month. Initially launched as a 12-month pilot in November 2017, the CBA Domestic and Family ...

CBA Group Super appoints CIO

KANIKA SOOD  |  TUESDAY, 31 JUL 2018
Commonwealth Bank Group Super has promoted from within to appoint its new chief investment officer. Acting in the chief investment role since March 2017, Ruwanie Dias was promoted to permanently oversee more than $11 billion at the corporate superannuation ...

Airlie backs financials but wary on banks

DARREN SNYDER  |  THURSDAY, 26 JUL 2018
... Portfolio managers Matt Williams and Emma Goodsell told a Sydney event that of the big four banks they only hold Commonwealth Bank. Williams said Australia's banking sector faces numerous headwinds and poor sentiment, especially around the Royal ...

Australian Unity expands investment bond offering

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
Australian Unity announced 13 new investment managers have joined its Lifeplan Investment Bond. The national health, wealth and living mutual company also unveiled 24 new investment bond options for its investment bond offering. Lifeplan Investment ...

Wealthier Aussies seeking advice

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JUL 2018
... other cohorts with an above average tendency to seek advice. More than a third of advised clients bank with Commonwealth Bank (34.6%), which is significantly more than ANZ (23.9%), Westpac (23.4%) and NAB (20.7%). While they don't necessarily use their ...