Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

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

CBA receives regulatory approval for CFS sale

CHLOE WALKER  |  TUESDAY, 23 NOV 2021
Commonwealth Bank of Australia (CBA) today announced all regulatory approvals have been received for the sale of a 55% interest in Colonial First State (CFS) to leading global investment firm KKR. The transaction is expected to complete on 1 December ...

Metrics adds three investment directors

KANIKA SOOD  |  WEDNESDAY, 9 JUN 2021
... Goldman Sachs. Fulton has 18 years of experience. Prior to the Investec CAF role, he worked as Commonwealth Bank of Australia as head of middle market private equity lending, and at Deutsche Bank in London. Both have experience in Australian and European ...

MLC appoints co-head of private equity

KANIKA SOOD  |  TUESDAY, 25 MAY 2021
... head of investment review team at Temasek in Singapore. Prior to this, he held senior roles at Commonwealth Bank of Australia, Macquarie, Deutsche and Merrill Lynch. He commences in his new role mid-June. Herchel will continue to drive the investment ...

New board director at AFIC

KANIKA SOOD  |  THURSDAY, 22 APR 2021
... 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). Its 10-year ...

Chances of CBA admitting to Essential Super wrongdoing "non-existent"

JAMIE WILLIAMSON  |  FRIDAY, 12 MAR 2021
... Westpac case with my learned friend's client - would come up and say, "I don't know why the Commonwealth Bank of Australia has agreed to these admissions when it hasn't contravened the law." In concluding, Justice Anderson said he would not ...

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 ...

CBA provides BoCommLife update

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
Commonwealth Bank of Australia (CBA) has made progress on exiting life insurance after the China Banking and Insurance Regulatory Commission approved the sale of its stake in BoCommLife. The bank will divest its 37.5% stake in BoCommLife to MS&AD Insurance ...

CBA opens Amsterdam office, eyes European instos

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
... investors by establishing a new office in the Netherlands. The newly licensed Dutch subsidiary, Commonwealth Bank of Australia (Europe) N.V., is scheduled to operate from June 2021 in newly fitted offices in the capital, Amsterdam. CBA has some 180 staff ...

APRA reduces CBA capital requirement

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... bank in May 2018 as part of its response to the Final Report of the Prudential Inquiry into the Commonwealth Bank of Australia. APRA's inquiry found that CBA's financial success "dulled the senses of the institution" in relation to the management of ...

CBA feels pressure of low rates, profits down

ANNABELLE DICKSON  |  WEDNESDAY, 11 NOV 2020
Commonwealth Bank of Australia reported a decrease in cash profit down for the September quarter due to lower margins and higher expenses. The preliminary figures show cash profits down 16% to $1.8 billion on the same period in the previous year. The ...
PREVIOUS
NEXT