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| | | New research by Randstad has revealed the Commonwealth Bank is a much less attractive employer this year than it was last year, but the financial services industry as a whole has held steady in its ability to attract new employees. The Randstad research ... |
| | | | ... management related activity and ensure delivery of client-centric solutions, he said. In his most recent role, Ling manages CBA's debt capital markets, securitization, loan underwriting, syndication businesses and private asset group. Prior to this ... |
| | | | ... million added to its remediation bill, pushing its total to date over $2.17 billion. The third quarter addition was flagged by CBA in company filings this morning. So far, CBA has spent or provisioned $534 million on remediating advice clients, $459 ... |
| | | | ... June. The cuts would save members $68 million in annual fees for 500,000 members and shave $45 million off its FY20 NPAT, CBA said in company filings then. FirstChoice Employer Super is also making changes to cut fees for members of the option by 65%. ... |
| | | | ... increased by 7000. AMP is the largest advice licensee with 2577 advisers. However, its margin over the next largest licensee - CBA - has significantly reduced. At that point in time, AMP had 1550 more advisers than CBA. This is now down to less than ... |
| | | | ... FirstWrap Plus platforms. They are effective from June. The cuts will deal a $45 million blow to FY20 net profit after tax, CBA said in company filings this morning. "We know lowering fees will benefit member retirement savings outcomes and we're ... |
| | | | ... use of technology." The Financial Services Union has not received any confirmation from ANZ about job cuts as yet. Likewise, CBA is under pressure to disclose the extent of its planned job cuts across its branches and technology division, alleged to ... |
| | | | Commonwealth Bank Australia (CBA) notified the Finance Sector Union (FSU) it will have to reimburse staff after a series of errors resulted in workers being underpaid. Thousands of current and former employees of CBA and BankWest have been underpaid ... |
| | | | ... across its branches and technology division, alleged to affect 10,000 employees. The Financial Sector Union said it wrote to CBA chief executive Matt Comyn asking to confirm or deny these reports so that "workers know where they stand." "CBA needs to ... |
| | | | ... reverse mortgages, which have not always aligned with the long-term housing and income needs of retirees. The end of 2018 saw CBA and BankWest cease writing new business for reverse mortgages. Household Capital loans range from $50,000 to $550,000 and ... |
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