Search Results | Showing 81 - 90 of 1202 results for "CBA" |
| | ... against Commonwealth Bank over allegations it wrongly charged monthly fees to customers over a nine-year period. ASIC alleges CBA incorrectly charged $55 million in monthly access fees to nearly one million customers who met criteria that entitled them ... |
| | | ... added, how much the correspondent is getting paid, or the terms and conditions of the agreement. If this was Westpac, AMP or CBA or any other institution, Falinski said he had no doubt that APRA and ASIC would be all over them like a "ton of bricks". ... |
| | | ANZ and Commonwealth Bank (CBA) have both reached an agreement to settle a class action in the US related to the trading of bank bill swap (BBSW) products in 2016. The class action commenced in 2016 in the United States District Court for the Southern ... |
| | | Lawyers for Commonwealth Bank (CBA) and Colonial First State (CFS) in its ongoing case against ASIC have told the court the parties have no intention of admitting to any contraventions in relation to Essential Super and an alleged $22 million in conflicted ... |
| | | ... it charged customers higher interest on overdraft fees than was disclosed to them. This went on for four years and netted CBA $2.2 million in extra interest payments, ASIC alleged. The CBA case is set for an April 6 hearing for court to make orders on ... |
| | | ... Australia made false or misleading statements and engaged in deceptive conduct on over 12,000 occasions. Justice Lee found that CBA breached financial services law 12,119 times when charging a rate of interest on business overdraft accounts substantially ... |
| | | ... returned to customers who suffered loss or detriment due to fees for no service misconduct or non-compliant advice. AMP, ANZ, CBA, Macquarie, NAB and Westpac undertook the review and remediation programs to compensate affected customers as a result of ... |
| | | ... 2020 half-year results show the bank's net-profit after tax dipped 21% to $4.9 billion on the prior corresponding period. CBA chief executive Matt Comyn blamed the pressures of COVID-19, particularly the effects of loan impairments and higher expenses ... |
| | | Commonwealth Bank has hired a former UBS Global Asset Management and Financial Services Council executive to chair its fintech incubator business. Ben Heap was appointed non-executive, independent chair of x15ventures, which helps scale startups by ... |
| | | ... Federal Court of Australia's consideration of the scheme at a hearing in March 2021. In September last year, Commonwealth Bank (CBA) received a payment of approximately $450 million for the sale of CommInsure Life. The payment followed a $500 million ... |
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