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Showing 951 - 960 of 3425 results for commonwealth bank

CBA responds to systemic advice failures

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
The Commonwealth Bank of Australia will repay more than 65% of the $154 million in required compensation estimated by ASIC. In response to ASIC's report 'Financial advice: Fees for no service', CBA has confirmed it will be refunding $105 million in ...

CBA in world-first blockchain transaction

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2016
The Commonwealth Bank and Wells Fargo have embarked on the first global trade transaction between two independent banks via blockchain. The transaction involved a shipment of 88 cotton bales from Texas to Qingdao, China using a distributed ledger known ...

CBA reinforces gender equality through financial education

KERRIE SYDEE  |  MONDAY, 24 OCT 2016
The Commonwealth Bank of Australia has committed to implementing a number of recommendations to its in-school financial literacy program in a bid to foster the financial empowerment of women and girls. CBA engaged Our Watch, the national foundation ...

Aussie bonds attractive to global investors

JAMIE WILLIAMSON  |  WEDNESDAY, 19 OCT 2016
The Commonwealth Bank is seeing an increase in global pension funds and central banks attending its events and seeking expertise to better understand the Australian bond market. Addressing the bank's ninth Annual Global Markets Conference in Sydney ...

Narev points to GFC for bank dissatisfaction

JAMIE WILLIAMSON  |  WEDNESDAY, 19 OCT 2016
A historic wave of bank bashing does not simply explain the current environment according to Commonwealth Bank chief executive Ian Narev. Speaking at a lunch hosted by the Trans-Tasman Business Circle in Sydney yesterday, Narev discussed the changing ...

Professional standards legislation reaches parliament

KERRIE SYDEE  |  MONDAY, 17 OCT 2016
... reach degree-equivalent status. The legislation will also see the establishment of an independent standards body as a Commonwealth company that will govern the professional standing of the financial advice industry. Minister for Revenue and Financial ...

CBA chair steps down

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2016
Commonwealth Bank chairman David Turner will retire from the board at the end of the year, to be replaced by a current non-executive director. Having served on the CBA board for a decade and as chairman since 2010, Turner said he has greatly enjoyed ...

CBA uses virtual reality to revitalise financial education

KERRIE SYDEE  |  TUESDAY, 11 OCT 2016
The Commonwealth Bank of Australia has launched a new virtual reality education program aimed at increasing the financial literacy of young Australians. With a recent survey from Zurich revealing Australians to be overconfident when it comes to money ...

CBA partners to finance clean energy

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2016
The Commonwealth Bank has partnered with the Clean Energy Finance Corporation (CEFC) to launch a new $100 million energy efficient equipment finance program to provide lower cost finance to Australian businesses and not-for-profits that meet certain ...

Crestone signs former Rio Tinto CEO

DARREN SNYDER  |  THURSDAY, 6 OCT 2016
... and expected of it by its clients and regulators." Crestone has several strategic partners - including UBS, Commonwealth Bank, Credit Suisse and Northern Trust, as well as market leading global technology provider Avaloq. The firm was created from the ...