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Showing 1 - 10 of 58 results for "Matt Comyn"

CBA completes review, sued by FWO

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
... full set of recommendations in a timely manner. Commenting on the outcome of the final report, CBA chief executive Matt Comyn said: "Three years ago we committed to delivering all recommendations in the prudential inquiry final report." "Completing the ...

Super funds don't vote together: ACSI

ELIZABETH MCARTHUR  |  THURSDAY, 23 SEP 2021
... said. Wilson's committee inquiry into common ownership continues today, with Commonwealth Bank chief executive Matt Comyn appearing this morning. Comyn was asked about his interactions with institutional shareholders, and how shareholders might receive ...

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... undertake a $6 billion off-market buy-back of shares following the divestment of several businesses. CBA chief executive Matt Comyn said the ability to return capital and pay a $3.50 total dividend reflected the success of executing the group's strategy ...

CBA offloads general insurance arm

ANNABELLE DICKSON  |  MONDAY, 21 JUN 2021
... market-leading products and services that anticipate and meet the changing needs of our customers," CBA chief executive Matt Comyn said. Completion is expected to occur in the middle of 2022 and is estimated to result in a post-tax gain of around $90 ...

CBA slashes profits, boosts dividends

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
... show the bank's net-profit after tax dipped 21% to $4.9 billion on the prior corresponding period. CBA chief executive Matt Comyn blamed the pressures of COVID-19, particularly the effects of loan impairments and higher expenses for the result. About ...

APRA reduces CBA capital requirement

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... all matters covered by the report and following APRA's validation in assessing the improvements. CBA chief executive Matt Comyn welcomed APRA's acknowledgement of the progress the bank has made over the last two years. "At the same time, we and APRA ...

Shipton's tax bill under scrutiny

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 NOV 2020
The Australian National Audit Office (ANAO) has answered questions in regards to the remuneration of ASIC chair James Shipton and former deputy chair Daniel Crennan. At the parliamentary joint committee on corporations and financial services, chair ...

CBA feels pressure of low rates, profits down

ANNABELLE DICKSON  |  WEDNESDAY, 11 NOV 2020
... billion growth in its home lending, $15.8 billion in deposits and $1.4 billion in business lending. CBA chief executive Matt Comyn said the growth partially offset the lower margins. "Operating performance in the quarter was highlighted by balance growth ...

CBA executive pay voted in

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
... meeting. In the annual general meeting, 78.54% of shareholders proxy voted in favour for the grant of securities to Matt Comyn. He will receive 23,394 restricted share units as his long-term alignment remuneration (LTAR) and 23,394 performance rights ...

Banks to assess loan deferrals

ANNABELLE DICKSON  |  MONDAY, 7 SEP 2020
... said. Speaking before the House of Representatives Standing Committee on Economics, Commonwealth Bank chief executive Matt Comyn said the bank had received around one million requests for assistance. "We have offered deferrals on 250,000 loans, relating ...
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