Commonwealth Bank settled out of court with a couple of former senior staff from the institutional bank over their dismissal in August 2007, The Australian reported.CBA at the time terminated the employment of Marten Touw, its executive general manager, global markets and treasury, and Vincent Hua, its general manager, products and trading, global markets and treasury.At the same time the bank announced that it was separating responsibility for its treasury and global market functions less than a year after merging them and allowing this group to pursue riskier trading strategies.