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Showing 1 - 10 of 100+ results for "Commonwealth Bank"

CBA adds $32m to advice remediation bill

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
The Commonwealth Bank has upped its indemnity bill to $252 million for dodgy financial advisers who were part of its former subsidiary Count Financial. CBA sold off Count Financial to CountPlus in mid-2019. At the time, CBA provided $200 million in ...

CBA launches JV for institutional tool

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
Commonwealth Bank has launched a joint venture with Quantium to create a tool for institutional clients to receive greater data insights to deliver better services for their clients. CommBank iQ will combine Australia's largest pool of transaction data ...

Morningstar appoints director

KANIKA SOOD  |  FRIDAY, 7 MAY 2021
Morningstar Australasia has appointed a director of manager research ratings, after Aman Ramrakha moved to a different role. Annika Bradley is currently an independent financial services consultant with Lodrino, providing investment consulting and management ...

AMP advice transformation leads exits

KARREN VERGARA  |  FRIDAY, 7 MAY 2021
... AMP's advice business as part of the group's three-year strategy." Hopkins spent nearly nine years at the Commonwealth Bank. Her most recent role there was directing its future advice model and spent a year prior to that overseeing the Supervision ...

MLC Life hires general manager

KARREN VERGARA  |  TUESDAY, 4 MAY 2021
... claims and underwriting insights, pricing, analytics and portfolio management, working at firms that include Commonwealth Bank, RGA and Munich Re. She is currently the chair of Actuaries Institute of Australia's international committee for the. She was ...

Ethereum overtakes big four banks

ANNABELLE DICKSON  |  TUESDAY, 4 MAY 2021
... that of the big four banks combined. Ethereum has a US$353 billion market cap, overtaking NAB, Westpac, ANZ and Commonwealth Bank. At the time of publishing, one Ether is worth US$3293. By comparison, the cryptocurrency first traded at US$1.25 in 2015 ...

TCorp hires CBA capital markets executive

KARREN VERGARA  |  MONDAY, 3 MAY 2021
The New South Wales Treasury Corporation has appointed a long-serving Commonwealth Bank executive to the role of head of funding and balance sheet. Rob Kenna leads the team primarily responsible for raising debt in the form of bonds and managing the ...

BetaShares launches hybrids ETF

KANIKA SOOD  |  TUESDAY, 27 APR 2021
... invest in ASX-listed, AUD denominated preference share issues with a market cap of at least $100 million from Commonwealth Bank, Australia and New Zealand Banking Group, National Australia Bank and Westpac. It tracks the Solactive Australian Banking ...

Queensland bans Dollarmites

KARREN VERGARA  |  TUESDAY, 27 APR 2021
The Sunshine State is joining Victoria and the nation's capital in banning the Commonwealth Bank's school-banking program. Queensland minister for education Grace Grace announced her department will not renew its agreement with CBA when it ends on 31 ...

New board director at AFIC

KANIKA SOOD  |  THURSDAY, 22 APR 2021
... per year fees. At March end, it had a $110 million shareholding in Seek. AFIC's five biggest holdings include Commonwealth Bank of Australia ($680.2 million), BHP ($607.6 million), CSL ($578.3 million), Wesfarmers ($288.3 million), Westpac ($379.5 million). ...
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