Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 191 - 200 of 1206 results for %22CBA%22

AFSLs show widespread non-compliance: ASIC

ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2019
... immediately take steps to improve the robustness of their compliance measures. AFS licensees that are or were part of the AMP, ANZ, CBA, Macquarie, NAB and Westpac financial services groups were not included in the review. "This was because we were already ...

APRA to take transparent approach

HARRISON WORLEY  |  TUESDAY, 19 NOV 2019
... of Australia and the results of the self-assessments APRA requested from a series of large financial institutions following CBA's examination. APRA deputy chair John Lonsdale said Australia's institutions could not simply pin their prudential health ...

CommInsure enters guilty plea

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
... insurance policies known as Simple Life over the phone," ASIC said. "CommInsure provided customer contact details to Aegon from CBA's existing customer database. The CBA customers had not requested to be contacted for the sale of Simple Life by CommInsure ...

CBA wealth boss to exit

KANIKA SOOD  |  WEDNESDAY, 13 NOV 2019
... over 12 months in the role. To date, Yetton oversaw the divestment of Count Financial and remediation for wealth clients, and CBA said it is on track to divest aligned advice businesses by June 2020. The bank has not announced a replacement NewCo chief. ...

Macquarie executive joins industry fund

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2019
... wealth at Macquarie Group. Prior to that she was head of customer marketing at AMP and has also held senior marketing roles at CBA across consumer wealth and Essential Super. Other previous roles include head of marketing and customer value at CommInsure ...

Boutique hires CBA's credit strategy lead

KANIKA SOOD  |  MONDAY, 4 NOV 2019
... funds, in credit and high-yield income. Rundell has over 25 years of experience, most recently as head of credit strategy in CBA's global markets research group. Before this he was ING Investment Management's head of credit research, and portfolio manager ...

CBA finalises CommInsure sale

ELIZA BAVIN  |  FRIDAY, 1 NOV 2019
... business to AIA Australia, which includes a 25-year joint co-operation agreement. After more than two years of negotiations, CBA said it has received an upfront payment of $500 million from AIA and the full economic interests associated with CommInsure ...

New board positions for J.P.Morgan, CBA executives

ELIZA BAVIN  |  THURSDAY, 24 OCT 2019
An industry association announced the appointment of a new chair and deputy chair on its board, bringing in C-suite executives from the Commonwealth Bank and J.P. Morgan. The Australian Financial Markets Association has appointed Robert Bedwell, chief ...

Colonial First State hit with second class action in less than a week

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... believe CFS's conduct was in breach of the law and it should be held to account and required to compensate its members." CBA said it acknowledges that proceedings have been filed in the Federal Court and are reviewing the claim. On Thursday last ...

CommInsure eyes deferred lifetime annuities

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... develop comprehensive retirement income products (CIPRs). The life insurer, which is in the process of changing ownership from CBA to AIA, is the second-largest player in annuity products after Challenger. Most of CommInsure's annuity sales are from ...