Commonwealth Bank of Australia (CBA) chairman David Turner has applauded Australia’s banking regulation during the Global Financial Crisis for helping elevate CBA to the top 15 banks in the world by market capitalisation.
Housing affordability in Australia is close to record lows according to the HIA-CBA Housing Affordability Report for the June quarter 2010.
The Commonwealth Bank of Australia’s (CBA) cash net profit after tax has increased by 42 percent to $6,101 million for the financial year ended 30 June 2010.
Australian retail sales were flat over the month of May, with retailers half-yearly sales failing to attract shoppers, according to the latest Commonwealth Bank Business Sales Indicator (BSI).
Commonwealth bank has jumped on the iPad Internet Banking bandwagon and announced their NetBank service is fully compatible with the iPad.
Commonwealth Bank has won the coveted Established Business Award as part of the 2010 Reconciliation Awards for Business at an awards ceremony in Brisbane.
Commonwealth Bank has increased its small business lending at ten times the rate of competitors, with loans to small business totaling $25 billion The Australian reports.
ANZ and St George Bank have emerged as the clear industry leaders in terms of business consumer’s satisfaction, a new report from the TNS Business Finance Monitor (BFM) has shown.
The Commonwealth Bank will shut down their structured finance division, with department head Leanne Leong resigning after an internal review.
The Commonwealth Bank has agreed to a settlement with former Storm Financial clients and plans to discuss compensation details this Saturday in Townsville, North Queensland. Some former clients of Storm Financial will be eligable for cash and other concessions as a part of the compensation deal. In responding to the deal, the Storm Investors’ Consumer […]
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