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Showing 821 - 830 of 3425 results for commonwealth bank

Women-led super funds outperform again

ALEX DUNNIN  |  THURSDAY, 8 MAR 2018
... scores in the Rainmaker study were HESTA, Care Super, AvSuper, VicSuper, REI Super, Club Plus Super, MTAA Super, Commonwealth Superannuation Corporation, Tasplan and Energy Super. Rainmaker conceded its study may be effected by survivorship bias as women ...

Senior RBA figure joins life insurer

JAMIE WILLIAMSON  |  THURSDAY, 1 MAR 2018
... experience, having also previously served as group general manager for Westpac and chief technology officer at Commonwealth Bank. MLC Life chief executive David Hackett said: "We have an unwavering commitment to leading the market in technology and innovation. ...

CBA affirms BBSW position

DARREN SNYDER  |  TUESDAY, 27 FEB 2018
Commonwealth Bank reiterated it is disputing ASIC allegations in relation to trading which allegedly affected the Bank Bill Swap Rate on six occasions in 2012. CBA said yesterday that ASIC lodged an updated Statement of Claim to the Federal Court and ...

Class recruits data manager

JAMIE WILLIAMSON  |  TUESDAY, 20 FEB 2018
... including as head of third party connectivity and integration. He has also held roles with Capita Managed Funds and Commonwealth Bank. Class chief executive Kevin Bungard said the software provider is delighted to welcome Sargent, saying it was a huge ...

Commonwealth Bank recruits Suncorp executive

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2018
Commonwealth Bank has appointed a new general manager, advice professional services from Suncorp. The bank has confirmed that Ronna Ludgate commenced in the role at the end of January, leaving her position as head of distribution, conduct and professional ...

CBA puts away $500m for regulatory costs

DARREN SNYDER  |  WEDNESDAY, 7 FEB 2018
Commonwealth Bank posted a $4.7 billion after-tax profit in the first half of FY18 and its wealth management arm was a standout performer. However the bank has also put aside more than $500 million for ongoing legal and customer remediation costs. CBA's ...

CBA purchase shifts AIA Australia executive team

KARREN VERGARA  |  FRIDAY, 2 FEB 2018
... of people and culture to oversee its Australian and New Zealand workforce, a direct result of acquiring the Commonwealth Bank life insurance business. The newest addition to AIA Australia's executive team is Charlotte Ward, who will be based at the Melbourne ...

CBA chair says culture needs improvement

ALEX BURKE  |  THURSDAY, 1 FEB 2018
In responding to APRA's ongoing prudential inquiry into the bank, Commonwealth Bank chair Catherine Livingstone acknowledged "there are aspects of our culture where we could improve." APRA issued an update on its progress with the inquiry, saying that ...

CBA embroiled in rate-rigging allegations

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2018
The Commonwealth Bank is disputing allegations made by ASIC that it rigged the bank bill swap reference rate (BBSW) and engaged in unconscionable conduct. ASIC initiated civil penalty proceedings yesterday, alleging CBA traded a large number of its ...

Commonwealth Bank appoints new chief executive

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2018
Commonwealth Bank has named Ian Narev's successor. Effective 9 April 2018, Matt Comyn will be the new chief executive at the banking and wealth management group. Currently heading CBA's retail bank, he will replace Narev who announced his retirement ...