COMMBANK

Funds management

CommBank has unveiled its own buy now, pay later service called Commbank BNPL but there are “fatal flaws” in the business, according to Datt Capital’s Emanuel Datt. ...

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Financial planning

A former Financial Wisdom practice is looking to the Commonwealth Bank to make good over $33,000 which was overlooked as the big banking group closed down the license....

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Funds management

AMP and QBE have both beat earnings and dividends/ capital management this earning season, according to UBS....

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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...

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Outsider

Outsider was among those who were somewhat surprised that the Commonwealth Bank opted to close down the Financial Wisdom license rather than sell it....

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Funds management

The Commonwealth Bank has announced it will divest from thermal coal by 2030, after being one of the heaviest lenders to coal, oil, and gas, according to Market Forces. ...

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Financial planning

The Commonwealth Bank chief executive, Matt Comyn has agreed that mortgage brokers should be subject to the same sort of client best interests duty as financial planners....

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Funds management

CommBank has said proposed changes to New Zealand legislation hybrid capital securities will not impact PERLS distributions....

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Financial planning

While CBA is looking to pay at least $32.3 million in customer and employee review and remediation actions, it does not include all regulatory matters the bank is reviewi...

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Financial planning

The Government has backed the claims against CommInsure being referred to an expanded Senate Committee at the same time as endorsing a full-blown ASIC investigation....

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Financial planning

Positive Wealth Management division outcomes have helped drive the Commonwealth Bank to a $4.8 billion half-year result....

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Financial planning

The Commonwealth Bank has appointed AMP's Hugh Humphrey as its new Bank Financial Planning General Manager. ...

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MARKET INSIGHTS

Interesting. Would be good to know the details of the StrategyOne deal....

4 days 4 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 2 days ago

increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...

4 weeks 1 day ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 4 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

3 days 2 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

2 days 5 hours ago