|Search Results||Showing 1 - 10 of 43 results for "Matt Comyn"|
|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 ...|
|... 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 ...|
|... 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 ...|
|... 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 ...|
|... 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 ...|
|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 ...|
|... 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 ...|
|... 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 ...|
|... 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 ...|
|... bank's technology and regulatory operations. Over the past year, he has been reporting directly to chief executive Matt Comyn, ensuring the bank is implementing the recommendations from the APRA's prudential inquiry report into governance, culture and ...|
While there may be uncertainty surrounding the economic implications of the spreading COVID-19 pandemic, one thing is clear; if business leaders are not consistent, empathetic and clear with their response, they should prepare to face the music.
The government's $213 billion stimulus package is set to push up the country's total debt but experts say it is not reason enough to draw down on the sovereign wealth fund.
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|