In reaching his decision, Justice Lee rejected the submission from the bank that it had acted expeditiously to remedy the effort and found the bank’s delay was particular...

The corporate regulator is suing the Commonwealth Bank for misleading conduct over its monthly access fees, which saw $55 million incorrectly charged to customers....

The class action was in relation to the US bank bill swap rate and the trading of products based on the rate. ...

The big four bank has disputed claims from the Finance Sector Union that it is asking members to vote for “wage theft”....

The Australian Securities and Investments Commission has successfully pursued a Royal Commission case study referral against the Commonwealth Bank involving overcharged i...

The Commonwealth Bank has announced the merger of its Aussie Home Loans business with online platform Lendi....

Commonwealth Bank has announced its divestment of 37.5% equity interest in BoCommLife to MS&AD Insurance Group Holdings has been approved by the China Banking and Insuran...

As an acknowledgement of the “substantial progress” the bank has made on its remedial action plan to improve its risk management capability, the Australian Prudential Reg...

Holding a low weight to financial stocks is the common denominator between those Australian equity funds which have reported double-digit gains over the past year. ...

While the major banks have been resilient and avoided a worst-case scenario by holding strong balance sheets during the economic downturn, they still have “a big job” ahe...

Anne Ward, chair of Colonial First State and Avanteos Investments, will retire from the board at the end of the year as the Commonwealth Bank looks to sell CFS to KKR....

First Sentier Investors has announced the completion of its rebrand from First State Investments to First Sentier Investors in all markets ex Australia. ...

Cathy Doyle will be the new chair of the superannuation and wealth management recruitment firm. ...

Fitch Ratings has maintained its negative outlook on the ratings of Australia’s four largest banks: ANZ Group, Commonwealth Bank of Australia, NAB and Westpac. ...