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Showing 971 - 980 of 4381 results for "Commonwealth"

J.P. Morgan loses custody contract

KANIKA SOOD  |  FRIDAY, 12 JUL 2019
... sixth-largest custodian ($403 billion), and has several public sector funds as its clients including Future Fund, QIC, Commonwealth Superannuation Corporation (CSC), Government Employees Superannuation Board (GESB), New Zealand Superannuation Fund.

ASIC slams consumer credit failures

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
... Hughes said the corporate regulator was "deeply troubled" by the findings in the report, which included the likes of Commonwealth Bank and its subsidiary Bankwest, ANZ, NAB, Westpac, Suncorp, Citigroup and others. "Lenders and insurers have had more ...

Class expands executive line-up

HARRISON WORLEY  |  THURSDAY, 4 JUL 2019
... December 2018, has been appointed chief technology officer, after acting in the role throughout the year. Meanwhile, Commonwealth Bank general manager digital and customer remediation Jason Wilson will link with the firm in July as chief product and ...

CountPlus transfers SMA management

KANIKA SOOD  |  MONDAY, 1 JUL 2019
... proceeds from this transaction are expected to offset most of the write down in the carrying value of TFS." On June 13, Commonwealth Bank said it had entered into an agreement to sell Count Financial, which has 351 advisers and was to be a part of NewCo ...

Chief economist update: RBA justified to cut rates or not

BENJAMIN ONG  |  FRIDAY, 28 JUN 2019
... a further reduction in the cash rate." But will it be as soon as next week? Australia's big four banks - ANZ, Commonwealth Bank, NAB, Westpac - think the RBA will announce a 25 bps reduction in interest rates at the conclusion of its July 2 board ...

Group life premiums topple benefits paid: Research

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
... backed by TAL, AustralianSuper generated $3.2 billion of premiums and paid 46% of this or $1.5 billion in benefits. Of Commonwealth Bank's $1.9 billion premiums, $722 million was paid in benefits. According to Rainmaker executive director of research ...

FSC adds to board

ELIZABETH MCARTHUR  |  MONDAY, 24 JUN 2019
... the board along with Challenger chief financial officer Andrew Tobin and chief executive officer of NewCo at the Commonwealth Bank Jason Yetton.

Chief economist update: Surveys back All Ords climb

BENJAMIN ONG  |  MONDAY, 24 JUN 2019
... and the continued expansion in new orders presages improving activity going forward. This is consistent with the Commonwealth Bank of Australia (CBA) PMI survey. The flash estimate of the CBA composite PMI index rose from a reading of 51.5 in May to ...

Commonwealth Bank mulls retail advice business sale

KANIKA SOOD  |  FRIDAY, 21 JUN 2019
Commonwealth Bank is reviewing options for its CommSec Advisory business, including a potential sale. "As part of our focus on becoming a simpler, better bank, we are currently reviewing a number of options for CommSec's retail financial advice ...

Culture isn't everything: ASIC

HARRISON WORLEY  |  WEDNESDAY, 19 JUN 2019
... focus on short-term financial results "to the exclusion of anything else", noting APRA's prudential report into the Commonwealth Bank documented the dangers of using such a lens to evaluate performance. With culture forming a strong theme in the Royal ...