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COMMONWEALTH BANK
People & Products
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....
Funds management
Buy now, pay later stocks like Afterpay, Sezzle and Zip may have hit their ceiling as increased competition from established financial firms enter the market....
Financial planning
The Commonwealth Bank has been hit with another class action – this time involving CommInsure products recommended by Commonwealth Financial Planning and Financial Wisdom...
Funds management
Profitability at the big four banks is expected to remain under pressure for the next 18 months, according to ratings agency Fitch. ...
Financial planning
Substantially exiting its wealth management businesses has helped the Commonwealth Bank post a solid result despite the pressures of COVID-19....
Financial planning
Breaches of the Future of Financial Advice rules will sit at the centre of class actions being formulated against the Commonwealth Bank, AMP and Westpac and a number of t...
People & Products
Research firm Investment Trends chief executive, Michael Blomfield, has been appointed to the newly-created role....
People & Products
Wendy Cox has been appointed to the newly-created role of head of finance and HR, while Lata McNulty has been promoted to the newly-created role of chief risk officer by ...
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...
Funds management
Commonwealth Bank and ANZ are “the worst” offenders with each lending to projects with emissions equivalent to nearly eight years of Australia’s total greenhouse gas emis...
People & Products
Maple-Brown Abbott Global Listed Infrastructure has appointed an ESG analyst and senior research analyst. ...
Life/Risk
Slater and Gordon have filed a class action against the bank for selling customers “worthless” insurance....
Financial planning
The Commonwealth Bank of Australia has been ordered to pay $5 million for failures in their AgriAdvantage Plus Package. ...
Financial planning
Financial planning and accounting group, CountPlus has received confirmation from the Commonwealth Bank that 35.85% of the company registered to Colonial First State do n...
Life/Risk
The last vestiges of the Commonwealth Bank’s involvement in life insurance has ended with its exit from its 80% stake in an Indonesian life business....
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MARKET INSIGHTS
Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...