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Search ResultsShowing 1 - 10 of 100+ results for "Commonwealth Bank of Australia"
CBA ups remediation bill for advice
ELIZA BAVIN  |  THURSDAY, 30 JUL 2020
The Commonwealth Bank of Australia has announced an extra $300 million has been added to its remediation bill in relation to ongoing service fee and customer remediation costs. CBA said it is constantly addressing the full range of remediation issues ...
Crestone bolsters team
ELIZABETH MCARTHUR  |  TUESDAY, 14 JAN 2020
... were appointed as investment advisers in Crestone's Sydney offices. Shalhoub joined Crestone from Commonwealth Bank of Australia, where he was an executive manager in the private banking business. Prior to that, he spent eight years as a director at ...
CBA underpayments reach $53 million
ELIZA BAVIN  |  MONDAY, 16 DEC 2019
The Commonwealth Bank of Australia will commence payments of a further $14.9 million as employee underpayments surpass $53 million. The bank said it has notified and repaid approximately 41,000 current and former employees, leave balances have been ...
APRA to take transparent approach
HARRISON WORLEY  |  TUESDAY, 19 NOV 2019
... work. APRA said its new "more transparent approach" builds on the Prudential Inquiry into the Commonwealth Bank of Australia and the results of the self-assessments APRA requested from a series of large financial institutions following CBA's examination. ...
Morgans snaps up CommSec Advisory business
ELIZA BAVIN  |  TUESDAY, 24 SEP 2019
... has acquired CommSec Advisory for an undisclosed sum, after winning a tender conducted by the Commonwealth Bank of Australia. There are about 18 financial advisers in the team who collectively manage around $4 billion on behalf of clients. Both Morgans ...
Chief economist update: Surveys back All Ords climb
BENJAMIN ONG  |  MONDAY, 24 JUN 2019
... expansion in new orders presages improving activity going forward. This is consistent with the Commonwealth Bank of Australia (CBA) PMI survey. The flash estimate of the CBA composite PMI index rose from a reading of 51.5 in May to 53.1 in June - the ...
APRA sets sights on 2019 targets
HARRISON WORLEY  |  FRIDAY, 1 MAR 2019
... stability remain at the core of APRA's objectives. But APRA's Prudential Inquiry into Commonwealth Bank of Australia (CBA) highlighted the importance of not just having a healthy balance sheet, but also strong governance, a sound culture, appropriate ...
Link, CBA ink $1.6bn PEXA deal
JAMIE WILLIAMSON  |  TUESDAY, 6 NOV 2018
... bank will acquire Property Exchange Australia (PEXA) for $1.6 billion. Last month Link Group, Commonwealth Bank of Australia and Morgan Stanley Infrastructure Partners made an offer to acquire PEXA, which has now been accepted by investors representing ...
Macquarie to front Royal Commission
JAMIE WILLIAMSON  |  MONDAY, 5 NOV 2018
... Commissioner Hayne for the final round are as below: AMP ANZ APRA ASIC Bendigo and Adelaide Bank Commonwealth Bank of Australia Macquarie Group NAB Westpac The seventh round of public hearings will be held in Sydney at the Lionel Bowen Building, 97-99 ...
CBA appoints board director
KANIKA SOOD  |  WEDNESDAY, 12 SEP 2018
Commonwealth Bank of Australia has appointed a former BlueScope Steel chief executive as it continues to renew its board. Paul O'Malley will be an independent non-executive director on CBA's board, starting 1 January 2019. Retiring director Brian Long ...
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