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MATT COMYN
Financial planning
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....
Funds management
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...
Outsider
Outsider likes to keep up with ‘hip’ lingo, but with the new generations feeling more and more like alien colonies for Outsider, he settles for the less-intimidating Parl...
Funds management
Any restrictions on ownership across funds would be concerning to the banking system, according to the Commonwealth Bank of Australia....
Financial planning
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....
Financial planning
Substantially exiting its wealth management businesses has helped the Commonwealth Bank post a solid result despite the pressures of COVID-19....
People & Products
The Commonwealth Bank of Australia has partnered with Zetta Ventures Partners and Square Pegg to deliver new digital banking services, and X15 Ventures who will launch sm...
Financial planning
Global private equity player KKR is about to pick up 55% of Colonial First State from the Commonwealth Bank and, as Mike Taylor writes, it resolves a lot of challenges fo...
People & Products
The Commonwealth Bank chief executive will have Marnie Baker, Bendigo and Adelaide bank chief executive, as deputy chair....
Financial planning
Just like the big industry superannuation funds, the banks are embracing salaried planners as integral to retaining a foothold in wealth management....
Financial planning
The Commonwealth Bank has confirmed a round of redundancies is underway within Commonwealth Financial Planning....
Financial planning
The Commonwealth Bank intends staying in the advice market despite its recent close-down of aligned advice and the sale of Count Financial, according to its chief executi...
Financial planning
The Commonwealth Bank has confirmed its exit from Financial Wisdom at the same time as announcing an 8.1 per cent decline in full-year net profit after tax....
Funds management
Commonwealth Bank of Australia has announced the completion of the divestment of its global asset management business, Colonial First State Global Asset Management....
Financial planning
The Commonwealth Bank has signalled the degree to which it will be changing its platform arrangements to overcome fee for no service problems....
MARKET INSIGHTS
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Podcast
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...