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Showing 81 - 90 of 1264 results for "CBA"

Ownership changes spur upheaval in unit trust sector

KARREN VERGARA | WEDNESDAY, 12 JUL 2023

... Financial Group but was previously called Colonial First State Global Asset Management when it was owned by the Commonwealth Bank. CBA sold CFSGAM for $4.2 billion in 2019 as part of demerging its asset management, mortgage broking and wealth businesses ...

Commonwealth Bank backs Wollemi Capital

CHLOE WALKER | MONDAY, 10 JUL 2023

... transition, natural capital, and climate services sectors, as well as reducing global greenhouse gas emissions. Commonwealth Bank (CBA) group executive, institutional banking and markets Andrew Hinchliff said the investment of an undisclosed amount will ...

Young, millionaire investors challenge stereotypes: Data

CASSANDRA BALDINI | THURSDAY, 18 MAY 2023

... found common stocks of interest for both millionaires and the general cohort is BHP and Woodside as well as the banks ANZ, CBA, and Macquarie. Meanwhile, Openmarkets found over the last three months the top buys for Baby Boomers were CBA followed by ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI | WEDNESDAY, 17 MAY 2023

... the pace of consumer prices in the March quarter. "Suggesting that the economy will avoid a wage-price spiral, bolstering CBA Group economists' view for a rate pause in June following an extended period of aggressive policy tightening by the RBA ...

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI | FRIDAY, 5 MAY 2023

... new podcast episode, Commonwealth Bank head of Australian economics Gareth Aird says he wasn't one of them. Aird said CBA was accurate in its prediction that the RBA pause was simply just that, however explained the cash rate peak has most likely ...

Dodgy advice bill nears $5bn: ASIC

CASSANDRA BALDINI | FRIDAY, 10 MAR 2023

... Providing its final update on institutions' financial advice remediation programs, ASIC calculated AMP, ANZ, Commonwealth Bank (CBA), Macquarie, NAB and Westpac have so far paid a combined $4.7 billion. The remediation programs included in ASIC's update ...

CBA Group Super pursues merger with ART

ANDREW MCKEAN | WEDNESDAY, 22 FEB 2023

Commonwealth Bank Group Super has entered a Memorandum of Understanding to potentially merge with Australian Retirement Trust (ART). The merger would see Commonwealth Bank Group Super's 67,000 members and $12.3 billion funds under management (FUM) ...

Super, advice class actions dampen CBA results

KARREN VERGARA | WEDNESDAY, 15 FEB 2023

... rates well below the market so that for CFSIL could retain the margins for its own benefit. As ordered by the Federal Court, CBA will need to mediate this issue by 13 October 2023. The second class action relates to fees charged by the FirstChoice Fund. ...

New chief for Queensland Treasury Corp

ELIZABETH FRY | MONDAY, 13 FEB 2023

... hire followed 13 years with the Commonwealth Bank, including four as its managing director for the Americas. He arrived at CBA from an earlier stint at QTC, where he was a director of the corporation's retail asset sales team. QTC chair Damien Frawley ...

Best performing MySuper investment option named

ANDREW MCKEAN | THURSDAY, 12 JAN 2023

... at the bottom of the superannuation performance table, returning 2.3%. The other options at the bottom of the table were, CBA Group Super Accumulation Plus Balanced (MySuper) at 2.8%, GESB West State Super - My West State Super at 3% and Bendigo Growth ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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