CBA

• Ian Rogers

A bank branch (mainly NAB’s) closed in regional Australia every 5 days since a Senate inquiry into bank closures in regional Australia was announced early last year. read more

• John Kavanagh

Commonwealth Bank chief executive Matt Comyn was caught off guard yesterday when Stockland CEO Tarun Gupta asked him to consider offering a loan that would allow people to buy into land lease developm.. read more

• John Kavanagh

Commonwealth Bank has extended its partnership with Microsoft to further ongoing cyber security initiatives and develop generative AI applications. read more

• Ian Rogers

Commonwealth Bank will shut 45 Bankwest branches in Western Australia by the end of the year and convert 15 more to the main CBA brand. read more

• John Kavanagh

The Global Legal Entity Identifier Foundation has approved Commonwealth Bank as Australia’s first validation agent for the Global Legal Entity Identifier System. read more

• John Kavanagh

CBA claims to have the highest net promoter score among the big banks in retail, business and institutional banking. It also claims the highest “main financial institution” shares in retail and busine.. read more

• John Kavanagh

Commonwealth Bank has estimated that its share of the big banks’ home loan net interest income rose 50 basis points in the financial year ending September 2023, as a result of its decision to prioriti.. read more

• John Kavanagh

Commonwealth Bank reported a net profit of A$4.8 billion for the six months to December 2023 – a fall of 8 per cent compared with the previous corresponding period. read more

• George Lekakis

Commonwealth Bank has hit back at union claims that it is set to sack more than 20 staff employed in branches earmarked for closure in coming months. read more

• George Lekakis

National Australia Bank appeared to consolidate its dominant position in Australia’s health payments market in 2023, but a blowout in management expenses crunched the profitability of its HICAPS busin.. read more

• George Lekakis

Commonwealth Bank has handed itself an early Christmas present that could potentially shield it against expensive compensation claims from business customers who suffer financial losses during banking.. read more

• John Kavanagh

Commonwealth Bank is pushing into new areas of business banking specialisation, following the success of its previous moves into healthcare, hospitality and trades. read more

Commonwealth Bank has sold its Indonesian subsidiary PT Bank Commonwealth to PT Bank OCBC NISP Tbk. read more

• Ian Rogers

Commonwealth Bank is shying away from the brokers channel to offset pressure on margins. read more

• Banking Day staff

Commonwealth Bank has launched an interest free finance product for solar panel and battery systems. read more

• Ian Rogers

Matt Comyn, CEO of Commonwealth Bank last week sold a parcel of shares in the bank with a market value of $1 million.  read more

• George Lekakis

Commonwealth Bank is investigating another compliance breach at its online stockbroking arm, Commonwealth Securities. read more

• George Lekakis

Commonwealth Bank chairman Paul O’Malley copped a grilling from shareholders on Wednesday as they voiced concerns over the company’s progress in meeting climate targets, its response to the PwC govern.. read more

• John Kavanagh

Commonwealth Bank has started offering open banking to facilitate mortgage broker loan applications, using NextGen’s ApplyOnline platform. read more

• Banking Day staff

NAB chief digital, data and analytics officer Angela Mentis will retire next month, after 17 years at the bank. read more