Commonwealth Bank of Australia underperforms the Financials sector despite gains on the day
Here is the latest company close update for Commonwealth Bank of Australia, CBA.
Commonwealth Bank Of Australia
Socceroos attacker’s hot form continues in Wanderers rout
Brandon Borello fired Western Sydney Wanderers to a thumping of Wellington Phoenix as a young teammate continued his push for a Socceroos call up. Get the latest from every A-League game here.
Cricket dumps CBA after 37 years
Cricket Australia has decided to part ways with long-term sponsor Commonwealth Bank, ending a 37-year partnership.
ASX 200 grapples with broad selloff; CBA hits 5-week low
Utilities, energy stocks the only bright spots as index falls to three-month low. CBA tops large-cap declines. Mesoblast down on profit-taking. Japan’s Nippon Sanso to buy Wesfarmers’ Coregas.
It’s unfathomable ANZ didn’t halt charging fees to dead customers
The royal commission’s findings should have served as a wakeup call but in reality, at ANZ while the bank’s top brass said all the right things, they didn’t adequately heed the warning.
CommBank boss ‘unaware’ of $3 fee
The boss of Australia’s largest bank says he was unaware of the controversial $3 service fee being applied to one account before it was announced.
Inflation fight is mission critical: Commonwealth Bank CEO
Matt Comyn says interest rates may fall faster than the market expects and it is critical for the long-term health of the economy and the country that inflation is brought under control.
ASX 200 ends flat; CBA, Goodman up; ANZ, Platinum among big decliners
Ex-HSBC veteran Nuno Matos will be next ANZ CEO. Platinum crashes, Regal down after takeover talks end. CBA, Goodman jump. Star hits record low. Woolworths flags $140m hit from now-ended strikes. Sonic buying German lab group for $699m. GQG rises after canning buyback.
Major bank’s renewed cash rate call
The big four bank is holding on to predictions of a rate cut in February following Australia’s anaemic growth figures released on Wednesday.
CBA backs down on bank fees
Australia’s biggest bank will pause its push to tip customers into new accounts which would charge them $3 per withdrawal.
CBA’s major move on controversial cash fee
A proposed $3 fee on cash withdrawals from Commonwealth Bank branches for some customers has been paused in response to national fury.
‘Not fair’: Gov wants to end $3 bank fee
The Albanese government has slammed a bank’s decision to charge customers a fee to withdraw money from their own accounts, claiming it “doesn’t seem fair”.
‘Contempt’: Katter unleashes on new bank fee
Maverick MP Bob Katter has joined the chorus of criticism against CommBank for imposing a $3 fee to withdraw cash from some accounts.
Cash trumps transfer for CBA duo’s election bet
When a couple of Commonwealth Bank execs had a side bet on who would win the US presidential election, the debt was duly paid up – with a fat wad of $50 notes.
Commonwealth Bank bets big on artificial intelligence
Australia’s biggest bank is betting on continuing growth following a mammoth investment in artificial intelligence, with CBA targeting a continued push into business banking.
Inside Commonwealth Bank’s quiet AI revolution
The banking major’s early adoption of the cutting edge technology is about to be unleashed on millions of customers.
CBA, Colonial First face $1bn bill over alleged super bungle
Commonwealth Bank and Colonial First State may be on the hook for nearly $1bn as a class action lodged years ago attempts to claw back money for super members.
ASX 200 hits new records as CSL, CBA gain; Star cops first strike
Star investors vote against CEO pay amid liquidity, viability concerns. ACCC sues Webjet. IAG snaps up most of RACQ underwriting for $855m. AVJennings shares rocket on takeover. Activist group ordered to pay Santos $9m.
ASX 200 ends up 0.6pc; CBA, QBE lead large-cap gains; core inflation still high
RBA to stay on sidelines until May amid underlying CPI pressures. Gerry Harvey slams ‘big black hole’ of govt debt. Web Travel soars on buyback, outlook optimism. Novonix dives after discounted raise. AEMO taps emergency powers to keep NSW lights on.
CBA, Woodside falls hit ASX 200; Trump tariffs loom
Banks, resources drive ASX selloff. Trump threatens tariffs against China, Mexico and Canada. Israel-Hezbollah ceasefire seen as imminent. Sharemarket operator ASX down after CHESS guidance. Brickworks sees ‘subdued’ key markets over next 12 months.
Original URL: https://www.theaustralian.com.au/topics/commonwealth-bank-of-australia