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COMMONWEALTH BANK
People & Products
Financial advisory firm, Wilsons, has appointed two former Commonwealth Bank high-net-worth advisors to its private wealth advisory team. ...
Financial planning
The Commonwealth Bank has targeted late 2019 for completing the demerger of its wealth assets after reporting a solid September quarter....
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....
Policy & Regulation
The Australian Securities and Investments Commission said it will commence a review of school banking programs in primary schools....
People & Products
Payments fintech, Beem It, has appointed a former Commonwealth Bank executive as its new chief executive officer....
Life/Risk
Commonwealth Bank has completed the sale of its life insurance business in New Zealand to AIA Group Limited....
Editorial
The Commonwealth Bank’s announcement about how it will demerge its Colonial First State and other wealth businesses brings an end to an 18-year strategy, which started as...
Life/Risk
New data released by Dexx&r has confirmed that exiting bank ownership has paid dividends for MLC Life barely two years after being substantially divested by NAB....
Funds management
The Commonwealth Bank is to exit its Colonial First State Global Asset Management business via a public float on the Australian Securities Exchange....
Policy & Regulation
The regulator has accepted an enforceable undertaking from Commonwealth Financial Planning and BW Financial Advice for charging fees to customers for advice reviews that ...
Financial planning
New data has confirmed the degree to which the Government’s $1.6 million pension cap has choked flows into retirement income....
People & Products
Commonwealth Bank announces board changes as part of its renewal process....
Financial planning
A strong performance by its Wealth Division has helped the Commonwealth Bank record another increased half-year profit despite provisioning of more than $500 million for ...
Policy & Regulation
The Federal Treasurer, Scott Morrison, has cited the impending passage of the Bank Executive Accountability Regime when discussing the appointment of a new Commonwealth B...
People & Products
The Commonwealth Bank has appointed an internal candidate, Retail Bank head, Matt Comyn, as its new CEO....
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MARKET INSIGHTS
Podcast
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...