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Search ResultsShowing 1 - 10 of 100+ results for "Commonwealth Bank"
Link flags PEXA listing
KARREN VERGARA  |  THURSDAY, 25 FEB 2021
... parties in buying the property settlement platform. Link, together with Morgan Stanley Infrastructure Partners and Commonwealth Bank, said that they are exploring the possibility of an IPO for the digital property settlement solution. Link has a 44.18% ...
Seek launches investments arm
ELIZA BAVIN  |  TUESDAY, 23 FEB 2021
... continue to deliver a world-class experience for partners and students." The transition will see Ian Narev , former Commonwealth Bank boss , take over as chief executive of Seek, effective 1 July 2021. "I am honoured that Andrew and the board have chosen ...
CBA guilty of deceptive conduct
ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
The Federal Court has found Commonwealth Bank of 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 ...
Financial sector has deep pockets for philanthropy: Report
KARREN VERGARA  |  FRIDAY, 12 FEB 2021
... profit. Coles came out on top, donating $125 million in 2020 or 7.3% of its profit on a rolling three-year basis. Commonwealth Bank led the pack among the banks, donating $70million or 0.7% of its profit. BHP gave the largest dollar value in the list ...
CBA slashes profits, boosts dividends
KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
Commonwealth Bank has rewarded shareholders with a generous dividend payout despite its latest results falling short of expectations. December 2020 half-year results show the bank's net-profit after tax dipped 21% to $4.9 billion on the prior corresponding ...
What to expect from February reporting season
KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
... to earnings. Many financials will start reporting next week, with Challenger and Macquarie slated for Feb 9, Commonwealth Bank for the February 10 and AMP, ASX and Magellan for February 11. Financial stocks' 12-month forward PE is 16.7x, which is higher ...
Australians Googling for advice
KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
... confirmed breaches in relation to financial advice, such as ASIC warning real estate bodies and acting against Commonwealth Bank for conflicted remuneration. Such misconduct stories accounted for nine of the 20 articles with the most engagement from ...
AMP Capital names new executive
ELIZA BAVIN  |  WEDNESDAY, 3 FEB 2021
... joined AMP Capital in 2006, departing his position as business development manager for geared investments at Commonwealth Bank. At AMP Capital, Mazzarelli has taken on several roles including Victorian state account manager, national strategic accounts ...
Morningstar appoints director of manager selection
KANIKA SOOD  |  TUESDAY, 2 FEB 2021
... firm will recruit for a replacement. Ramrakha joined Morningstar in September 2018 and has previously worked as Commonwealth Bank's executive manager of research and BT Financial Group's head of technical services. "This move will allow us to support ...
Link scraps European acquisition
KARREN VERGARA  |  MONDAY, 1 FEB 2021
... Property Exchange Australia (PEXA) is underway with "good indicative interest received to date". Link and the Commonwealth Bank bought PEXA less than three years ago for $1.6 billion. Link chief executive and managing director Vivek Bhatia said: "The ...
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