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Showing 811 - 820 of 1264 results for "CBA"

Investors Mutual gets in on LIC act

MARK SMITH  |  MONDAY, 7 JUL 2014
... from 14 July to 8 August, 2014 with a raising target of between $100 and $200 million. The issue has been arranged through CBA Equities who are also one of the joint lead managers to the issue along with BBY, Patterson and Taylor Collison and co-manager ...

CBA reaction too slow, too little, too late

LAURA MILLAN  |  FRIDAY, 4 JUL 2014
... "Clearly the Commonwealth Bank was just too slow to get to this point." Hockey, whose mother-in-law was one of the victims of a CBA rogue financial planner, said that "a lot of the anxiety could have been averted if they had have moved more quickly." ...

CBA's Narev leaves key questions unanswered

LAURA MILLAN  |  FRIDAY, 4 JUL 2014
Commonwealth Bank (CBA) chief executive Ian Narev's main message during yesterday's address to the media was that the bank has switched to "a spirit of openness," but he left a number of key questions unanswered. "Over the past few weeks perhaps the ...

Government still mulling response on Senate report

LAURA MILLAN AND AAP  |  THURSDAY, 3 JUL 2014
The government will monitor the implementation of Commonwealth Bank's (CBA) Open Advice Review program announced today while it works on its response to the Senate Economics Committee report. Finance Minister Mathias Cormann said that it was "appropriate ...

FPA calls for industry summit to restore trust in advice

LAURA MILLAN  |  THURSDAY, 3 JUL 2014
... profession act with speed and complete fairness." Rantall said that the association's primary focus is "the impacted clients of CBA and ensuring we never see something like this again." He called for a summit chaired by an "eminent, independent figure" ...

CBA opens up compensation review to all advice clients

LAURA MILLAN  |  THURSDAY, 3 JUL 2014
Commonwealth Bank (CBA) will set up a broad remediation program with independent oversight for all customers who received advice between 2003 and 2012. CBA chief executive Ian Narev spoke to the media a week after the Senate Economics Committee issued ...

CBA boss to be grilled on Senate report

AAP  |  THURSDAY, 3 JUL 2014
Commonwealth Bank (CBA) boss Ian Narev will front the media for the first time since a damning report called for a royal commission to investigate its financial advisers. Narev will face a media conference in Sydney at 1045 AEST on Thursday, a week ...

Inquiry sees spike in demand for legal action against CBA

LAURA MILLAN  |  WEDNESDAY, 2 JUL 2014
Law firms working to start a class action against Commonwealth Bank's (CBA) financial planning businesses have seen a spike in the number of affected consumers willing to join the legal cause. Maurice Blackburn principal John Berrill and Shine Lawyers ...

CBA needs to"lift its game": Treasurer

LAURA MILLAN  |  MONDAY, 30 JUN 2014
Treasurer Joe Hockey said Commonwealth Bank (CBA) needs to "lift its game" and added that the bank has handled the scandals within its financial planning businesses and the Senate investigation "appallingly." Hockey spoke this weekend at the Liberal ...

Inquiry has Macquarie Private Wealth in its sights

MARK SMITH  |  FRIDAY, 27 JUN 2014
... to get them [ASIC] to act on this matter when I gave them clear evidence was like flogging a dead horse. Part of the reason CBA has behaved the way they have is that they have nothing to fear from this regulator." His comments echo those of ASIC whistleblower ...