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Search ResultsShowing 1 - 10 of 44 results for "Matt Comyn"
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 ...
CBA underpayments reach $53 million
ELIZA BAVIN  |  MONDAY, 16 DEC 2019
... with CBA adding it expects the remaining payments to be approximately $25 million plus interest. CBA chief executive Matt Comyn said it was unacceptable that employees were not paid their correct entitlements. "This should never have happened and I apologise ...
CBA chief tasked with rebuilding banking
ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
Commonwealth Bank chief Matt Comyn has taken over the reins as chair of the Australian Banking Association (ABA). The position is rotated between the chief executives of Australia's major banks, with ANZ chief executive Shayne Elliot stepping down from ...
CBA wealth boss to exit
KANIKA SOOD  |  WEDNESDAY, 13 NOV 2019
... aligned advice businesses by June 2020. The bank has not announced a replacement NewCo chief. CBA chief executive Matt Comyn said: "Jason has played a significant role in the divestment of Count Financial and planning for the exit of the aligned advice ...
Westpac chief believes in financial advice
ELIZA BAVIN  |  MONDAY, 11 NOV 2019
... Royal Commission and warned that there may be further remediation costs to come. Commonwealth Bank chief executive Matt Comyn also fronted the committee and said he believes non-bank entities should face the same level of scrutiny as the big banks. "There ...
CBA finalises CommInsure sale
ELIZA BAVIN  |  FRIDAY, 1 NOV 2019
... arrangements that are expected to result in a distribution to CBA in the first half of FY2020. CBA chief executive Matt Comyn said: "We are excited by the opportunity to bring together the strengths of AIA and CommInsure Life and are working hard with ...
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