CBA

Life/Risk

The Commonwealth Bank has exited virtually all of its insurance exposures with the sale of 80 per cent of its Indonesian life insurance business....

Financial planning

Just months after the Commonwealth Bank declared its intention to exit Count Financial as part of a broader demerger, the planning group appears to be leaking member firm...

People & Products

The Commonwealth Bank of Australia has appointed acting chief financial officer, Alan Docherty, to the role permanently....

Financial planning

After Royal Commission testimony revealing banks charged deceased clients fees, the Australian Banking Association has announced reforms to the Banking Code of Practice t...

Financial planning

The Commonwealth Bank has announced it will rebate grandfathered commissions to Commonwealth Financial Planning customers....

Financial planning

The Commonwealth Bank is the most popular bank amongst the wealthiest 10 per cent of Australians, being the bank of choice for 36.7 per cent of those customers....

Life/Risk

CBA has acknowledged that it was not frank and open in a dispute with the Financial Ombudsman Service, the Royal Commission has been told....

People & Products

The Commonwealth Bank has been chosen by the World Bank to solely arrange the world’s first blockchain bond. ...

Policy & Regulation

The $700 million AUSTRAC fine has acted as a genuine drag on the Commonwealth Bank’s profit, which was down four per cent to $9,375 million....

People & Products

Commonwealth Bank Group Super has appointed Ruwanie Dias as chief investment officer of the group’s employee superannuation fund. ...

Features

Mike Taylor writes that the enforceable undertakings entered into by the Commonwealth Bank (CBA) and ANZ over retail superannuation product distribution point to the peri...

Policy & Regulation

The Commonwealth Bank of Australia has entered an enforceable undertaking with the regulator for its participation in the setting of the Bank Bill Swap Rate. ...

Policy & Regulation

The Commonwealth Bank of Australia and ANZ have entered into an enforceable undertaking to change the way they distribute superannuation products....

Life/Risk

Commonwealth Bank has completed the sale of its life insurance business in New Zealand to AIA Group Limited....

Policy & Regulation

The Commonwealth Bank (CBA) has been served with another class action, this one filed in the Federal Court by Phi Finney McDonald on behalf of shareholders from 2014 to 2...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 5 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 2 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 5 days ago