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CBA
Funds management
The Commonwealth Bank has sold Colonial First State Global Asset Management to Japan’s Mitsubishi UFJ Trust and Banking Corporation....
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....
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