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Showing 761 - 770 of 2907 results for "Commonwealth Bank"

AIA acquires CBA life insurance businesses

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
The Commonwealth Bank has sold 100% of its Australian and New Zealand life insurance businesses to AIA Group for $3.8 billion. The sale of CommInsure Life and Sovereign also includes a 20-year bancassurance partnership with AIA for the provision of ...

CommInsure strengthens income protection offering

JAMIE WILLIAMSON  |  TUESDAY, 19 SEP 2017
... focus on their recovery without having to worry about how it will affect their claim." In its annual results the Commonwealth Bank flagged the sale of CommInsure, confirming that it was in discussions with third parties to determine the most suitable ...

BEAR regime must extend entire industry: Medcraft

JAMIE WILLIAMSON  |  WEDNESDAY, 13 SEP 2017
... ongoing investigations within Australia's banks - most notably ASIC and AUSTRAC's current inquiries into the Commonwealth Bank - Medcraft acknowledged that culture and conduct, along with accountability, in the sector remains a significant issue for ...

Macrovue hires from Macquarie and BT

EMMA RAPAPORT  |  MONDAY, 11 SEP 2017
... across Australian and Asian markets. Seshadri makes the move to Macrovue from a consulting position with the Commonwealth Bank of Australia. Maz Zaman will also join as head of sales, having led large sales teams at BT Financial Group, Link Advice and ...

Currency trend is not our friend

BENJAMIN ONG  |  MONDAY, 11 SEP 2017
... "extrapolations" of a higher $A/US exchange rate this time. According to the Australian Financial Review, "Analysts at Commonwealth Bank recently suggested that a continued slide in the greenback could see the Aussie dollar push as high as US85c by the ...

APRA names heavyweight panel to investigate CBA

EMMA RAPAPORT  |  FRIDAY, 8 SEP 2017
... experienced panel members to conduct an inquiry into the governance, culture and accountability frameworks of the Commonwealth Bank. Chairman of the Banking and Finance Oath, John Laker; professorial fellow in the Monash Business School, Professor Graeme ...

Group insurance inaction is "robbery": Inquiry

KARREN VERGARA  |  FRIDAY, 8 SEP 2017
... accounts that's transparent enough to curb this problem. CommInsure managing director Helen Troup, one of four Commonwealth Bank representatives to front the hearing today, said it is up to the individual trustees of the super funds to determine how ...

CBA class action moves forward

KARREN VERGARA  |  TUESDAY, 5 SEP 2017
IMF Bentham today announced it will formally fund an open class action against the Commonwealth Bank relating to alleged breaches of anti-money laundering and counter terrorism financing laws. The class action will consist of shareholders who purchased ...

Female SMSF investors more focused on securing retirement

JAMIE WILLIAMSON  |  MONDAY, 4 SEP 2017
... in cash and large cap domestic equities, but some SMSFs are more diversified than we give them credit for," Commonwealth Bank head of SMSF Customers, Marcus Evans said. "In the current low growth environment, it seems SMSFs have been seeking cost-effective ...

Treasurer backs APRA's CBA probe

KARREN VERGARA  |  THURSDAY, 31 AUG 2017
An interim report into APRA's inquiry into the Commonwealth Bank could be available in six months' time with appropriate action being taken, Treasurer Scott Morrison told this morning's Bloomberg Address. Morrison said he supported and is pleased with ...