Commonwealth Bank of Australia has announced cash net profit after tax of $4.7 billion, up 23% on the first half of 2021, helped by a significant reduction in remediation...

The number of advisers slipped by a further 319 in a single week, bringing the overall number to 17,282 and in line with the forecast, according to Wealth Data, but provi...

In its first major move since the separation with Commonwealth Bank, Colonial First State has announced it will partner with FNZ for a platform launch by the end of the y...

The first week of December sees heavy losses again in adviser numbers with a net change of advisers of over 120 while the net losses for the year stood at 2,062, accordin...

The Commonwealth Bank has completed its sale of its 55% interest in Colonial First State to private equity firm KKR....

Despite strong dividend payments in Australia this year, not all equity income strategies are delivering, according to DNR Capital....

CBA has reported cash net profit after tax of approximately $2.2 billion in 1Q22, 20% higher than in the same period last year, but lower than 2H21....

The decision by Commonwealth Bank to offer cryptocurrency is a sign that the asset is moving away from being viewed as an “illegitimate fringe pursuit”, according to Sena...

Any restrictions on ownership across funds would be concerning to the banking system, according to the Commonwealth Bank of Australia....

As part of its penalty for overcharging interest on business overdraft accounts, which it has been forced to pay $7 million, it will also be required to publish misconduc...

Commonwealth Bank costs related to aligned advice remediation have surpassed $1 billion while it has increased Count remediation for a second time in less than six months...

The buyback compared to one of $2.5 billion by NAB and $1.5 billion by ANZ as the firm announced net profit after tax of $8.8 billion....

A review from the corporate regulator of the six largest financial services institutions shows they have collectively paid or offered $1.86 billion in compensation for fe...

Fee for no service and inappropriate advice issues are continuing to dog the Commonwealth Bank even though it has substantially exited financial planning....