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Showing 831 - 840 of 1264 results for "CBA"

SFGA top exec leaves following IOOF bid

LAURA MILLAN  |  FRIDAY, 30 MAY 2014
... SFG Australia (SFGA) company secretary and chief financial officer will depart to take up a position with Commonwealth Bank (CBA), only two weeks after IOOF made an offer to acquire SFGA. Linda Fox will start on her new role at CBA on July 11 but will ...

CBA does not address "sketchy" info allegations

LAURA MILLAN  |  THURSDAY, 29 MAY 2014
Commonwealth Bank (CBA) has failed to address allegations by the Senate Economics Committee that it provided "sketchy" and insufficient information to the inquiry into the Australian Securities and Investments Commission (ASIC) in statement released ...

CBA and ASIC "sketchy" info delays inquiry conclusion

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
... committee has issued an interim report signed by its chair, Senator Mark Bishop, referring to ASIC and Commonwealth Bank's (CBA) efforts to clarify some inconsistencies in their submissions. According to Bishop details were "sketchy and left many key ...

Senate Committee forced to delay tabling of ASIC report

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
... report "addresses significance of late communication from C/W bank," Bishop wrote on the social network. Neither Bishop nor CBA were available for comment at the time of publishing. The Economics Committee was scheduled to report the conclusions of the ...

Murray shuns FoFA commissions' debate

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
... answered. Murray focused his speech on the experiences and the lessons he learnt as chief executive officer of Commonwealth Bank (CBA) between 1992 and 2005. He was also asked about the dangers of "leadership who want to push product through without ...

CBA leads on client satisfaction despite planning scandals

LAURA MILLAN  |  TUESDAY, 27 MAY 2014
The scandals in Commonwealth Bank's (CBA) financial planning unit have not affected its clients' satisfaction, which is the highest of the big four banks. Clients rated their satisfaction with CBA advisers at 84.2% in the year to March 2014, a Roy Morgan ...

Second PM Capital LIC now trading on ASX

MARK SMITH  |  FRIDAY, 23 MAY 2014
... investors who require greater diversification to offshore equities. Donohoe thanked brokers Ord Minnett, Taylor Collison, CBA Equities and Morgans for their role in the capital raising. Combined they raised $54,203,942 across 1,325 shareholders. The ...

CBA, CSSA promote FoFA legal loophole

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
Corporate super specialist advisers have found a legal loophole that could allow them to maintain a business model that has been banned under the Future of Financial Advice (FoFA) legislation. The loophole, as described by Commonwealth Bank of Australia ...

CBA forced to review poor compensation methods

LAURA MILLAN  |  MONDAY, 19 MAY 2014
... Australian financial services licence (AFSL) of both Commonwealth Bank-owned businesses. The two Commonwealth Bank of Australia (CBA) businesses only implemented appropriate compensation processes for clients of former advisers Don Nguyen and Anthony ...

Commonwealth Bank profits boosted by investment performance

MARK SMITH  |  WEDNESDAY, 14 MAY 2014
... cash earnings of $2.2 billion for the three months to 31 March. Statutory net profit for the same period was $2.3 billion. CBA attributed the rise to a combination of solid revenue growth and cost discipline. Strong investment performance saw 89% of ...