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Showing 691 - 700 of 2907 results for "Commonwealth Bank"

CBA to demerge CFS, mulls further CommInsure sell-off

JAMIE WILLIAMSON  |  MONDAY, 25 JUN 2018
Commonwealth Bank is demerging its wealth management business and undertaking a strategic review of its general insurance arm. Standing as a separately listed wealth management business, CFS Group will comprise Colonial First State, Colonial First State ...

Multi-disciplinary industry trend continues: CBA

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
About half of all accounting firms are considering a move into financial planning. According to Commonwealth Bank, 43% of Australia's accounting firms are planning to add or grow their wealth management and financial planning capabilities in the ...

Advice group strengthens leadership team

JAMIE WILLIAMSON  |  TUESDAY, 19 JUN 2018
... more than 20 years' experience to the Fitzpatricks compliance team and has previously held roles with Suncorp, Commonwealth Bank and is a former legal officer, having completed a Bachelor of Laws at the Queensland University of Technology. All of the ...

AMP adds legal expert to board

KARREN VERGARA  |  TUESDAY, 12 JUN 2018
... risk, mergers and acquisitions and capital markets. From 2003 to 2008, O'Sullivan was general counsel at Commonwealth Bank before spending 10 years at Credit Suisse Australia where he was the local executive chair of investment banking and capital ...

CBA settles with AUSTRAC for $700m

JAMIE WILLIAMSON  |  MONDAY, 4 JUN 2018
Commonwealth Bank will pay $700 million to resolve civil proceedings brought against it by AUSTRAC for contravening anti-money laundering and counter-terrorism laws - almost double what it anticipated. CBA has announced it reached an agreement with ...

Advice fintech reshuffles leadership

JAMIE WILLIAMSON  |  THURSDAY, 31 MAY 2018
... executive director of Intiger but will not perform any operational duties. Jaja joined Intiger in March from Commonwealth Bank's wealth division. At the time, Intiger announced it was working closely on a pilot program with CBA's advice dealer groups ...

ANZ dealer group chief departs

JAMIE WILLIAMSON  |  THURSDAY, 24 MAY 2018
The chief executive of several ANZ-aligned advice dealer groups is joining Australian Unity. Millennium3 and Financial Services Partners chief executive Matt Brown has been appointed to lead Australian Unity's financial advice division. As executive ...

CBA sells interests in Chinese insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAY 2018
Commonwealth Bank has offloaded its stake in a Chinese life insurance joint venture for $668 million. CBA sold its 37.5% equity interest in BoComm Life Insurance to Japanese insurer Mitsui Sumitomo as per a condition of the bank's sale of its Australian ...

BBSW methodology restores trust

DARREN SNYDER  |  TUESDAY, 22 MAY 2018
... best outcomes for their institutions and their clients by trading during this time, the joint statement said. Commonwealth Bank, NAB and ANZ have all been fined over investigations of the alleged practice of intending to create an artificial price for ...

CBA advice executive departs

JAMIE WILLIAMSON  |  TUESDAY, 22 MAY 2018
A senior advice executive at Commonwealth Bank has taken a new role at Bank of Queensland. CBA's executive general manager, wealth management advice Lyn McGrath has been appointed to lead BOQ's retail banking division. Announced as part of a ...