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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.

16 hrs ago | Reuters

Australia shares flat, investors wary over crises in Gaza & Ukraine

Australian shares were mostly flat on Tuesday, hovering near six-year highs, as investors remained cautious over the escalating crises in Gaza and Ukraine, but gains in oil, gold and other metals helped to contain broader losses.

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

22 hrs ago | Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

Our Ref. MB6089 ISIN Code. XS0459363... )--Fitch Ratings assigns an 'AAA' rating to Frenship Independent School District, Texas' unlimited tax bonds as follows: --$45.2 million ULT school... )--Research and Markets has announced the addition of the "Security Competitive Profiles: Thales" report to their ... )--Fantex Brokerage Services announced ... (more)

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

Yesterday | Hispanic Business

Midway Closes US$55 Million Project Finance Facility with...

The Loan Facility is with Commonwealth Bank of Australia and will be used to fund continued development of the Company's 100%-owned .

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Sun Jul 20, 2014

Reuters

Australia shares tick higher, though constrained by resources

Australian shares rose 0.2 percent on Monday, underpinned by a rebound on Wall Street and a robust banking sector, though gains were limited by the resources sector as metals prices fell.

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

Thu Jul 17, 2014

The Age

CBA lifts education standards for advisers

The Commonwealth Bank of Australia will demand higher education qualifications from its financial planners as it moves to repair the damage caused by some financial advisers providing poor advice to investors.

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Wed Jul 16, 2014

The New Zealand Herald

Inside Money: Financial inquiry finds vertically - challenged industry

A new report on the Australian Financial System has warned about the risks of vertical integration in the sector.

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Related Topix: Australia, Oceania, World News, Banking, Financial Services

Tue Jul 15, 2014

Reuters

Australian shares flat but Chinese GDP, miners buoy sentiment

Australian shares traded flat on Wednesday, with gains in big miners on the back of improving iron ore prices and a slight pick-up in Chinese GDP offseting worries sparked by U.S. Federal Reserve Chair Janet Yellen's comments about overvalued stocks.

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

The Age

Shares flat as investors mull Murray

Early gains on the sharemarket were erased after bank stocks suffered a late morning decline as the interim report from the financial system inquiry spooked shareholders.

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Mon Jul 14, 2014

Sydney Morning Herald

Bonuses bad for consumers

The Federal Government has announced it will allow incentive payments on "general" financial advice but, after a financial planning scandal at a big Australian bank and as a new advisory giant emerges, one expert warns bonus schemes for bank-employed planners threaten our ability to obtain independent advice.

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Sun Jul 13, 2014

Reuters

Australia shares rise 0.5 pct in broad rally, gains seen limited

SYDNEY/WELLINGTON, July 14 - Australian shares rose 0.5 percent on Monday, led by financial and consumer goods companies, but analysts said valuations are getting stretched and likely to keep further gains in check.

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The Age

Former CBA boss Norris blames scandal on 'rogues'

Former Commonwealth Bank of Australia chief executive Ralph Norris has broken his silence over the bank's financial planning scandal, labelling the advisers involved as ''rogue people'' and denying any conspiracy to defraud customers.

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Fri Jul 11, 2014

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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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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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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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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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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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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