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Showing 711 - 720 of 1264 results for "CBA"

Aussie banks overpriced, undercapitalised: Perpetual

LAURA MILLAN  |  THURSDAY, 14 MAY 2015
... their medicine years ago." Comparing Australian banks' price to earnings ratio (PE) with its global peers, Laurence said that CBA, for example, is currently trading on a PE of 15 times, which compares to Lloyds' 10.7 times and Wells Fargo in the United ...

Budget for uncertainty

BENJAMIN ONG  |  TUESDAY, 12 MAY 2015
... "Business conditions retraced some - but not all of the gains reported in March" (NAB). Australia's big four banks - ANZ, CBA, NAB (on a trading halt), WBC - and Telstra dragged the overall index down as scribbled in the Australian Financial Review's ...

Barrett in buyout mode, acquires CBA firm

LAURA MILLAN  |  MONDAY, 11 MAY 2015
... are delighted to have secured a partnership with such a high caliber firm," Barrett said. EWM advisers have operated under CBA-owned Financial Wisdom Australian financial services licence (AFSL) since June 2013. Commenting on the ownership change, Cook ...

Bank results underpin wealth management new era

LAURA MILLAN  |  FRIDAY, 8 MAY 2015
... returns, but to rebuild consumer's trust in their model. Recent analysis by EY of the quarterly results for Commonwealth Bank (CBA), ANZ, National Australia Bank (NAB) and Westpac argued: "Managing conflicts in vertically integrated operations, professional ...

Market Wrap PM

AAP  |  THURSDAY, 7 MAY 2015
... "NAB's decision to announce today its major capital raising and the backwash from the bank profit reports, particularly the CBA's, and Woolworths weak sales results are the biggest drivers." Concerns about a lack of growth in the Australian economy and ...

CBA shares down on flat profit

AAP  |  WEDNESDAY, 6 MAY 2015
... result, sending its shares down $3.29, or 3.73 per cent, to $84.85 as of 1025 AEST, their lowest level since late January. CBA said competition among lenders had weighed on its group net interest margin, the profit it makes on loans, during the quarter. ...

ASIC developing regulatory guide for advice remediation

ALEX BURKE  |  WEDNESDAY, 6 MAY 2015
... licensees. The regulator has participated in numerous advice review programs for major financial advice institutions, most notably CBA, to determine instances where clients have been compromised by non-compliance or fraud. It will use its experience ...

Market Wrap PM

AAP  |  WEDNESDAY, 6 MAY 2015
... on Wednesday morning, Phillip Capital senior client adviser Michael Heffernan said. "The whole market's down today led by CBA," he said. The other banks were weaker with ANZ down 35 cents to $33.77 a day after unveiling a five per cent lift in its half ...

Women outperforming all men boardrooms

DARREN SNYDER  |  FRIDAY, 24 APR 2015
... the ASX200 index and have at least 25% of board positions filled by women." The index already includes major banks such as CBA and Westpac alongside prominent companies including CSL, Telstra, and Medibank Private and others across a wide range of sectors. ...

Report confirms failed CBA compensation

LAURA MILLAN  |  THURSDAY, 23 APR 2015
An independent report by forensics firm KordaMentha has confirmed that the advice divisions of Commonwealth Bank (CBA) failed to implement consistent compensation programs under the regulator's surveillance. Following the report, CBA will need to contact ...