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Commonwealth Bank of Australia News

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

Friday | Reuters

Australia shares reverse early falls to edge higher, Portugal worries weigh

Australian shares added 0.3 percent on Friday underpinned by the banking sector, but sentiment was subdued in cautious trade as Wall Street and European stocks ended lower on concerns over the fallout from troubles at Portugal's top listed bank.

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Related Topix: Financial Markets, Automakers, Brilliance China Automotive Holdings, Banking, Financial Services, Australia and New Zealand Banking Group

Thu Jul 10, 2014

Sydney Morning Herald

CBA appoints former High Court judge to chair review panel

Commonwealth Bank of Australia has appointed the former High Court judge Ian Callinan as chairman of the independent review panel it was forced to establish in the wake of a damning Senate committee report last month.

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

Tue Jul 08, 2014

ComputerWorld

Commonwealth Bank, NAB see strong growth in Internet banking

Australians are turning to Internet banking in greater numbers according to figures released by National Australia Bank and the Commonwealth Bank of Australia .

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

Mon Jul 07, 2014

The New Zealand Herald

Inside Money: Bank planners under the cosh

The Commonwealth Bank of Australia , parent of New Zealand's ASB Bank, has been slammed in a report tabled last week in the Australian senate for the behaviour of its financial planning arm.

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Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

Our Ref. MH4428 ISIN Code. XS0... )--COMMONWEALTH BANK OF AUSTRALIA Issue of EUR 50,000,000 Floating Rate Covered Bonds due October 2019 Series 22 Tranche 1 MTN ISSUE NAME.

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Related Topix: Banking, Australia and New Zealand Banking Group, Financial Services, Automakers, Brilliance China Automotive Holdings

Sun Jul 06, 2014

Business Times

Australia: Banking stocks nudge shares lower in quiet trade

The 'Big Four' banks lost ground after healthy gains last week. Top lender Commonwealth Bank of Australia was down 0.4 per cent and Westpac Banking Corp 0.3 per cent [SYDNEY] Australian shares declined 0.1 per cent on Monday, slipping from one-month highs as banks nudged the market down in low volumes following Wall Street's close on Friday for a ... (more)

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Related Topix: Travel, Pacific Travel, Australia Travel, Financial Markets, Automakers, Brilliance China Automotive Holdings, Banking, Financial Services, Westpac Banking Corporation, Sydney, Australia Travel

The Age

Eyes on Mac after Senate snub

Macquarie Group's private wealth unit stands accused of having similar ''systematic problems'' to that at Commonwealth Bank of Australia, and for not co-operating with the Senate committee that delved into unethical adviser practices.

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

Sat Jul 05, 2014

Bloomberg

Commonwealth Bank Commits to Financial Planning Unit Amid Claims

Commonwealth Bank of Australia , the nation's largest lender, will continue to provide financial advice to customers even after agreeing to review a decade of guidance that led to some clients losing money.

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

Fri Jul 04, 2014

SNL Financial

Commonwealth Bank of Australia CEO backs changes to financial advice laws

Narev said the company's failings with its financial planning units were due to management and not poor regulation.

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

Thu Jul 03, 2014

Reuters

Australia shares race to 1-month highs on strong US jobs data

Australian shares rose to one-month highs on Friday, driven by gains in most major sector as investors cheered brisk jobs growth in the United States and another record night on Wall Street.

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

The Age

Six years later, Ian Narev talks to whistleblower Jeff Morris

Commonwealth Bank of Australia CEO Ian Narev has announced an independent review of all financial advice provided by subsidiaries going back a decade.

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

Wed Jul 02, 2014

Reuters

UPDATE 1-Commonwealth Bank promises review into financial planning scandal

Commonwealth Bank of Australia on Thursday said it will set up a review of its financial planning division, a week after a Senate committee accused it of covering up misconduct that cost thousands of customers their savings.

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

Tue Jul 01, 2014

Reuters

Australia shares slip; banks weaker after RBA keeps rate steady

Australian shares fell 0.4 percent to end at a two-and-a-half month closing low on Tuesday with major banks weaker after the central bank kept its cash rate steady, outweighing postive data from top trading partner China.

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Related Topix: Banking, Australia and New Zealand Banking Group, Financial Services, Automakers, Brilliance China Automotive Holdings, Financial Markets

Fri Jun 27, 2014

ABC News

ASIC says royal commission would put strain on its budget, retrace old ground

MARK COLVIN: Given how scathing the Senate committee was about his organisation, it may not surprise you that the man who leads ASIC , Greg Medcraft, was on the defensive today.

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Thu Jun 26, 2014

The Age

CBA facing royal commission call after Senate inquiry

A powerful Senate inquiry has called for the Commonwealth Bank of Australia to face a royal commission to investigate fraud, forgery and allegations of a cover-up inside its financial planning arm.

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

Sydney Morning Herald

CBA facing royal commission call after Senate inquiry

A Senate inquiry says a royal commission should be established into the fraud, forgery and cover ups that led to customers of the Commonwealth Bank's financial planning arm losing $100,000s.

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

Wed Jun 25, 2014

Reuters

Banks lead Australia share gains, housing sector flails ex-div

Australian shares added 0.7 percent on Thursday after Wall Street rose overnight and metal prices ticked higher, although continuing unrest in Iraq and some housing stocks trading ex-dividend kept some investors wary.

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

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

Our Ref. MF9985 ISIN Code. XS0834714841 I... Research and Markets: China Cardiac Rhythm Management Market Outlook, 2018: Pacemaker, Implantable Cardioverter Defibrillator , Pacing & ICD Leads & Electrophysiology Lab Systems )--Research and Markets has announced the addition of the "China Cardiac Rhythm Management Market Outlook, 20... )--Le jury ... (more)

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Related Topix: Automakers, Brilliance China Automotive Holdings, Banking, Financial Services, H and Q Life Sciences Investors

Tue Jun 24, 2014

The Age

NAB cranks up broker commissions

National Australia Bank is stepping up its attempt to grab a bigger slice of the $1.3 trillion home loan market, introducing a new trailing commission as part of a move to write more loans through mortgage brokers.

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Related Topix: Banking, National Australia Bank, Financial Services, Home, Mortgage, Personal Finance, Westpac Banking Corporation

Sun Jun 22, 2014

Reuters

Australia shares climb on Wall St, upbeat China PMI

Australian shares added 0.7 percent on Monday, underpinned by gains across most sectors after a rise on Wall Street, while investors cheered a Chinese manufacturing survey that showed activity expanded in June for the first time in six months.

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Related Topix: Travel, Pacific Travel, Australia Travel, Financial Markets, Automakers, Brilliance China Automotive Holdings, Banking, Financial Services, World News, China

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