Commonwealth Bank of Australia

Bookmark

Add to MyYahoo RSS

Commonwealth Bank of Australia News

News on Commonwealth Bank of Australia (Ticker: CBA) continually updated from thousands of sources around the net.

Friday Aug 29 | The Age

Banks demand bail-out protection

Standard & Poor's said a bail-in scheme 'could have implications for our ratings' of the big four banks and Macquarie.

Comment?

Related Topix: Australia, Oceania, World News, Automakers, Brilliance China Automotive Holdings, Banking, Financial Services

Thu Aug 28, 2014

The Age

Is this the end of the banks' golden run?

While the banks reported bumper results, there's concern it may be as good as it gets for investors.

Comment?

Related Topix: Financial Services, Automakers, Brilliance China Automotive Holdings, Banking, National Australia Bank

Mon Aug 25, 2014

Reuters

Australia shares edge higher in choppy trade, banks buoy

Australian shares added 0.1 percent on Tuesday, as banks and insurers helped lift the market to follow Wall Street higher overnight, but resource stocks underperformed as spot iron ore prices remained locked near the year's lows.

Comment?

Related Topix: Financial Markets, Automakers, Brilliance China Automotive Holdings, Banking, Financial Services

Fri Aug 22, 2014

Reuters

CBA targets retail for bond hybrid sale

Australia's biggest bank is pressing ahead with plans to offer complex hybrid capital securities to retail buyers even after the UK regulator deemed the format too risky for individual investors.

Comment?

Related Topix: Financial Services, Automakers, Brilliance China Automotive Holdings, Banking, Financial Markets

Tue Aug 19, 2014

Bloomberg

Five Takeaways From RBA Governor Glenn Stevens's Testimony

Reserve Bank of Australia Governor Glenn Stevens delivered his semi-annual testimony to a parliamentary panel in Brisbane today in which he indicated lower interest rates were unlikely to accelerate growth; rather, what the economy needed was a release of "animal spirits."

Comment?

Related Topix: Financial Services, Automakers, Brilliance China Automotive Holdings, Banking

Bloomberg

Last Aussie Bull Capitulates as CBA Pares Rate Bets: Currencies

Commonwealth Bank of Australia is losing faith in the ability of the local dollar to extend its world-beating gains this year.

Comment?

Related Topix: Financial Markets, Automakers, Brilliance China Automotive Holdings, Banking, Financial Services

Mon Aug 18, 2014

The New Zealand Herald

Ralph Norris named new Fletcher Building chair

Fletcher Building has announced former Air NZ and Commonwealth Bank of Australia chief executive Ralph Norris as its new chairman.

Comment?

Related Topix: Financial Services, Automakers, Brilliance China Automotive Holdings, Banking

Stuff.co.nz

Sir Ralph Norris new Fletcher chairman

Waters, who first signalled his plan to retire from the company last year, will end his 13-year involvement with the company on October 21. He joined Fletcher Building in 2001 as chief executive and served in that role until 2006.

Comment?

Related Topix: Automakers, Brilliance China Automotive Holdings, Banking, Financial Services, Food, Fonterra Cooperative Group

Bloomberg

Milk-to-Lamb Rally to Buoy Best-to-Worst Kiwi: Chart

Pricier lamb and China's increasing thirst for milk signal New Zealand 's dollar may halt the declines since July that turned the world's best-performing major currency into the worst.

Comment?

Related Topix: Financial Services, Automakers, Brilliance China Automotive Holdings, Banking

The Age

CBA chief pay jumps over $8 million

Commonwealth Bank of Australia chief executive Ian Narev has received just a slight boost to his pay, up 1.2 per cent to $7.9 million, despite another record profit up 12 per cent to $8.6 billion.

Comment?

Related Topix: Financial Services, Automakers, Brilliance China Automotive Holdings, Banking

Sun Aug 17, 2014

Reuters

Commonwealth Bank of Australia to raise A$2 bln via subordinated notes

Commonwealth Bank of Australia , the country's No.1 lender by market value, said on Monday that it will raise A$2 billion through subordinated, unsecured notes to help fund its business.

Comment?

Related Topix: Financial Services, Automakers, Brilliance China Automotive Holdings, Banking

Thu Aug 14, 2014

MarketWatch

Australia stocks rise, but James Hardie tanks

The heavily weighted banks were mostly higher, with Commonwealth Bank of Australia , shares of which lost 0.8% after its quarterly cash profit missed expectations, with the lender warning full-year revenue would print at the low end of its outlook.

Comment?

Related Topix: Construction, James Hardie Industries NV, Banking, Financial Services

The Age

Big data analysis a top priority for CBA

As customer relationships are disrupted by technological upheaval in the banking industry, the analysis of "big data" has become one of the biggest strategic focuses for Commonwealth Bank of Australia chief executive Ian Narev.

Comment?

Related Topix: Automakers, Brilliance China Automotive Holdings, Banking, Financial Services

Seeking Alpha

Commonwealth Bank of Australia's (CBAUY) CEO Ian Narev on Q2 2014 Results - Earnings Call Transcript

Good morning, ladies and gentlemen. And welcome to the Colonial theatre for today's presentation of Commonwealth Bank's Results for the six months for 30th June, 2014.

Comment?

Related Topix: Financial Services, Automakers, Brilliance China Automotive Holdings, Banking

Wed Aug 13, 2014

Lafferty

Rise in customer deposits helps CBA's profit jump 12 percent

The Commonwealth Bank of Australia reports that profits after tax for the full year ending 30 June 2014 have risen 12 percent on the previous year to reach AU$8.6 billion .

Comment?

Related Topix: Financial Services, Automakers, Brilliance China Automotive Holdings, Banking

ZDNet

CBA posts record $8.68b profit as customers continue online push

Citing its strength in technology in its annual results, the Commonwealth Bank of Australia has today announced a record cash profit of AU$8.68 billion for the 2014 fiscal year.

Comment?

Related Topix: Financial Services, Automakers, Brilliance China Automotive Holdings, Banking

Sydney Morning Herald

CBA's record profit fails to cheer investors

The benchmark S&P/ASX 200 Index and the broader All Ordinaries Index each shed 0.3 per cent on Wednesday in the busiest session for August reporting season so far.

Comment?

Related Topix: Automakers, Brilliance China Automotive Holdings, Banking, Financial Services

Tue Aug 12, 2014

MarketWatch

Commonwealth Bank of Australia posts record profit

Commonwealth Bank of Australia Ltd. turned in another record full-year profit as the country's biggest lender by market value benefited from surging demand for home loans sparked by record-low interest rates.

Comment?

Related Topix: Automakers, Brilliance China Automotive Holdings, Banking, Financial Services, Home, Mortgage, Personal Finance, Housing

ABC News

Commonwealth Bank Posts $8 Billion Annual Profit

Commonwealth Bank of Australia, one of the nation's largest lenders, has posted a 13 percent increase in annual profit to 8.6 billion Australian dollars and expressed cautious optimism for the current fiscal year.

Comment?

Related Topix: Financial Services, Automakers, Brilliance China Automotive Holdings, Banking

ComputerWorld

CBA's Lock and Limit gets 40k enrolments

The Commonwealth Bank of Australia has announced 40,000 enrolments for its Lock and Limit service that allows credit card users to lock and unlock certain transactions on their card.

Comment?

Related Topix: Financial Services, Automakers, Brilliance China Automotive Holdings, Banking

•••
•••
•••
•••

Seattle Jobs

•••
•••
•••
•••