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Search ResultsShowing 1 - 10 of 49 results for "Matt Comyn"
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 ...
ASIC drops CBA investigation
ALLY SELBY  |  THURSDAY, 27 AUG 2020
... contraventions in risk procedures, reporting, monitoring and customer due diligence. At the time, CBA chief executive Matt Comyn apologised on behalf of the bank. "While not deliberate, we fully appreciate the seriousness of the mistakes we made. Our ...
FSU wants CBA to up pay
ELIZABETH MCARTHUR  |  THURSDAY, 13 AUG 2020
... the contribution of workers in achieving these results and deliver fair and decent pay rises." CBA chief executive Matt Comyn said in the results announcement that the bank was able to make some gains during the year due to the divestment of its wealth ...
CBA profit takes hit, dividend cut
ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
... per share fully franked, adding to an interim payment of $2 per share. In the ASX announcement, CBA chief executive Matt Comyn said the strength in the banks' core businesses, combined with strong operational performance, delivering good outcomes ...
Government expands SME Guarantee Scheme
ANNABELLE DICKSON  |  MONDAY, 20 JUL 2020
... more affordable and longer term credit so that they can invest for their future. Commonwealth Bank chief executive Matt Comyn agrees and welcomes the extension. "Today's lifting of the amount available to $1 million and the loan extension to five years ...
CBA sells 55% of CFS
JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAY 2020
... superannuation and investment businesses in Australia, offering members greater choice and better value," CBA chief executive Matt Comyn said. Head of KKR Australia Scott Bookmyer said: "CFS is one of the most respected providers of investment and superannuation ...
GDP to contract 10%: CBA
ELIZA BAVIN  |  THURSDAY, 2 APR 2020
Commonwealth Bank chief Matt Comyn said the bank is anticipating a 10% contraction of GDP in the March quarter, doubling his prediction from last week. Last week Comyn had predicted a 5-6% impact on the economy but said he revised his prediction due ...
Why banks are lifting TD rates
ALLY SELBY  |  FRIDAY, 27 MAR 2020
... Commonwealth Bank, announced it would lift its 12-month term deposit rate by 60bps to 1.7%. At the time, CBA chief executive Matt Comyn said the increase would support the bank's customers during this period of uncertainty. "These are unprecedented ...
Banks defer small business loan repayments
ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... regulatory treatment, though still requires authorisation from ASIC. The news comes after Commonwealth Bank chief executive Matt Comyn vowed to "do everything that we can" to keep businesses open and people employed during the crisis. Comyn said this ...
ScoMo launches $17b stimulus package
ALLY SELBY, ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
... ready to face the challenge of COVID-19 and will assist customers. ABA chair and Commonwealth Bank chief executive Matt Comyn said the banks will continue to support Australians during this time. "Australia has a very strong financial system with banks ...
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