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Showing 711 - 720 of 3425 results for commonwealth bank

Don't fear credit crunch: Deloitte

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
... the economy; they're not putting all their eggs in one basket," Hutley said. This is backed by news today from Commonwealth Bank that it is introducing same day decisions on simple business lending. It will be available from March for unsecured business ...

CBA posts $4.6b in profits, dividend flat

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
Commonwealth Bank's profits fell more than 6% to $4.6 billion in the first-half of FY19 and the bank kept its interim dividend at $2 per share. The $4.6 billion NPAT includes discontinued operations: CommInsure Life, CFSGAM and Sovereign. The cash ...

Institutions respond to Royal Commission, make commitments

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... accept responsibility for, poor conduct of the kinds examined in this inquiry," Hayne said. In its response, Commonwealth Bank said the Royal Commission had been valuable for all stakeholders in the financial services industry, and would result in CBA ...

Commonwealth FP fails to meet EU obligations

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
Hours before the final report from the Royal Commission goes public, Commonwealth Financial Planning has been ordered by ASIC to stop charging ongoing service fees. It is also barred from entering any new ongoing service arrangements with customers. ...

Australia Day honours recognise industry stalwarts

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
... performing and visual arts. In addition to NAB, Ullmer was group executive of institutional and business services at Commonwealth Bank as well as group chief financial officer from 1997 to 2002. He is a former partner at KPMG and is current chair of ...

ASIC bans former NAB, CBA advisers

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
The corporate regulator permanently banned a former NAB financial adviser, while a former Commonwealth Bank and Synchron adviser was handed a five-year ban. Tai Thanh Nguyen of Adelaide was permanently banned by ASIC for dishonest conduct while licensed ...

3.5 million Aussies give financial advice to friends and family: Roy Morgan

HARRISON WORLEY  |  TUESDAY, 15 JAN 2019
... were regional and mutual banks Heritage Bank, Bank SA and Teachers Mutual and - Australia's largest bank - the Commonwealth Bank. Those asked to provide advice for friends and family also tend to be well off, with 35.9% of financial institution customers ...

Count Financial seeks new GM

JAMIE WILLIAMSON  |  MONDAY, 7 JAN 2019
The general manager of Commonwealth Bank-owned dealer group Count Financial has resigned. A spokesperson for Commonwealth Bank confirmed Ed Box has left the licensee to pursue a retail banking opportunity outside of CBA Group. Hugh Humphrey, CBA executive ...

CBA and Alipay to bring in Chinese shoppers

KANIKA SOOD  |  THURSDAY, 20 DEC 2018
Commonwealth Bank has started accepting Alipay on its EFTPOS devices in a bid to attract Chinese shoppers who last year spent $10.9 billion in Australia. This makes CBA the first of the big four banks to accept Alipay in Australia, ahead of NAB which ...

Ten stories that defined the Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... chairs of Australia's largest financials services entities took their turn in the Royal Commission's hot seat, Commonwealth bank chief executive Matt Comyn spoke of how he planned to overhaul the bank that was "once great" under his leadership, but flagged ...