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Showing 701 - 710 of 4380 results for "Commonwealth"

CBA guilty of deceptive conduct

ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
The Federal Court has found Commonwealth Bank of Australia made false or misleading statements and engaged in deceptive conduct on over 12,000 occasions. Justice Lee found that CBA breached financial services law 12,119 times when charging a rate of ...

Cbus appoints three investment heads

KANIKA SOOD  |  FRIDAY, 12 FEB 2021
... investment strategy at IAG Asset Management and a principal/senior consultant at Towers Perrin. He has also worked at Commonwealth Funds Management including as head of research and manager of trading. Lastly, Serge Allaire has been appointed Cbus as ...

Financial sector has deep pockets for philanthropy: Report

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
... profit. Coles came out on top, donating $125 million in 2020 or 7.3% of its profit on a rolling three-year basis. Commonwealth Bank led the pack among the banks, donating $70million or 0.7% of its profit. BHP gave the largest dollar value in the list ...

CBA slashes profits, boosts dividends

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
Commonwealth Bank has rewarded shareholders with a generous dividend payout despite its latest results falling short of expectations. December 2020 half-year results show the bank's net-profit after tax dipped 21% to $4.9 billion on the prior corresponding ...

AMP Capital to bring cars to shopping centre

ELIZA BAVIN  |  WEDNESDAY, 10 FEB 2021
... Capital on behalf of investors in the AMP Capital Shopping Centre Fund, AMP Capital Diversified Property Fund and Commonwealth Superannuation Corporation.

Super funds bow to divestment pressure

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
... to divest thermal coal and/or to reach net-zero emissions by 2050, some of Australia's other largest super funds - Commonwealth Super Corporation, QSuper, Sunsuper and Hostplus - are bucking the trend. BHP and Woodside are among QSuper's top 20 holdings ...

What to expect from February reporting season

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
... risk to earnings. Many financials will start reporting next week, with Challenger and Macquarie slated for Feb 9, Commonwealth Bank for the February 10 and AMP, ASX and Magellan for February 11. Financial stocks' 12-month forward PE is 16.7x, which is ...

Australians Googling for advice

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
... or confirmed breaches in relation to financial advice, such as ASIC warning real estate bodies and acting against Commonwealth Bank for conflicted remuneration. Such misconduct stories accounted for nine of the 20 articles with the most engagement from ...

AMP Capital names new executive

ELIZA BAVIN  |  WEDNESDAY, 3 FEB 2021
... Mazzarelli joined AMP Capital in 2006, departing his position as business development manager for geared investments at Commonwealth Bank. At AMP Capital, Mazzarelli has taken on several roles including Victorian state account manager, national strategic ...

Morningstar appoints director of manager selection

KANIKA SOOD  |  TUESDAY, 2 FEB 2021
... The firm will recruit for a replacement. Ramrakha joined Morningstar in September 2018 and has previously worked as Commonwealth Bank's executive manager of research and BT Financial Group's head of technical services. "This move will allow us to ...