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Bidder field narrows for CBA’s UHNW sale

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The mosh pit of financial advice executives that rocked up for Commonwealth Bank’s auction of its ultra-high-net-worth business has been whittled down to a mere handful.

CBA chairman Paul O’Malley and CEO Matt Comyn before the bank’s AGM on Wednesday, which was held at the Adelaide Oval. Ben Searcy

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/bidder-field-narrows-for-cba-s-unhw-sale-20241017-p5kj7r