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Showing 741 - 750 of 1264 results for "CBA"

Market wrap

AAP  |  WEDNESDAY, 11 FEB 2015
... sector. Shares in market heavyweight, the Commonwealth Bank also fell despite it announcing a recorded half-year profit, but the CBA shares descended from recent record highs. The All Ordinaries was down half a per cent at intraday trading on Wednesday ...

CBA wealth management FUA up 11%

MARK SMITH  |  WEDNESDAY, 11 FEB 2015
... half year to 31 December 2014, up 8% on the prior comparative period. Cash NPAT for the half was $4.62 billion, also up 8%. CBA chief executive Ian Narev said the result was helped by finding $300 million in cost savings over the last 12 months. "Our ...

Challenger nabs CBA exec for top funds management role

LAURA MILLAN  |  FRIDAY, 6 FEB 2015
Challenger has appointed the new chief executive for its funds management division from Commonwealth Bank (CBA). CBA group executive of institutional banking and markets Ian Saines has been appointed Challenger chief executive of funds management, Challenger ...

ASIC to face legal action over Storm Financial

LAURA MILLAN  |  THURSDAY, 5 FEB 2015
... protect the interests of major banks, particularly the Commonwealth Bank, rather than consumers, and principally to deflect from CBA the major blame for the collapse of its own customers' Storm investment portfolios." The amended statement of claim alleges ...

CBA awards $200m mandate to London manager

LAURA MILLAN  |  WEDNESDAY, 4 FEB 2015
... management that runs four equity strategies: global long-only, global long/short, UK long/short and UK equity income. The CBA mandate will be managed by fund managers Jeremy Lang, William Pattisson, Gianluca Monaco and Ben Fitchew. Ardevora's investment ...

CBA is top banking brand for 2014

ALEX BURKE  |  MONDAY, 2 FEB 2015
The Commonwealth Bank of Australia (CBA) is the country's highest-value banking brand for 2014, according to the Brand Finance Banking 500 study. Despite a year of controversy surrounding its financial planning division, the bank has retaken the number ...

Happy Australian dollar Day

BENJAMIN ONG  |  TUESDAY, 27 JAN 2015
... the country's big four banks - ANZ, NAB and Westpac - are predicting not just one but two interest rate cuts this year. The CBA stands alone, expecting no change this year. Perhaps, the CBA's a fool? Then again, it reminds me of the saying that goes ...

Independent expert lists CBA compensation challenges

LAURA MILLAN  |  FRIDAY, 19 DEC 2014
Promontory Financial Group has acknowledged that the Commonwealth Bank (CBA) program to compensate victims of bad financial advice poses a number of challenges. The independent expert has released its first report, following its appointment by CBA in ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... self-managed sector. Early indications, however, show that these options are expensive to manage and have seen little take-up. CBA reacts to planning scandal 2014 has arguably been the most difficult year for Commonwealth Bank's wealth management arm. ...

Long-serving CBA exec announces retirement

MARK SMITH  |  MONDAY, 1 DEC 2014
The Commonwealth Bank of Australia's long-serving group executive, business and private banking, Grahame Peterson will retire early next year, the bank has announced. The company has promoted Adam Bennett from another role in the organisation to replace ...