Commonwealth Bank of Australia higher Wednesday, outperforms the Financials sector
Here is the latest company close update for Commonwealth Bank of Australia, CBA.
Commonwealth Bank Of Australia
Union says CBA “replacing” staff with AI
Commonwealth bank has been slammed for axing frontline jobs to be replace them with AI and offshore services.
ASX 200 gains on US-EU tariff deal; Boss Energy tanks 40pc
US-EU tariff deal lifts Wall Street, Euro futures, signalling strong start to trading week. Boss Energy guidance weighs as share price hits 2022 lows. WiseTech shares up on internal pick for top job. Tamboran’s sudden CEO exit.
Fowler’s footy appearance sets tongues wagging
It’s official. Mary Fowler has ended speculation over her romance with Panthers star Nathan Cleary, making a surprise appearance in the crowd at CommBank Stadium.
How CommSec became CBA’s billion-dollar cash cow
It was the 1990s and the internet and blockbuster IPOs were starting to converge. CommSec was just a few lines on a boardroom pitch and it almost didn’t happen.
Buffett’s bank exit signals trouble for Australian investors
Top investors are selling, convinced record share prices for stocks including CBA are not justified by underlying profits.
Four small caps tipped to rally
Ophir Asset Management’s Aussie small cap fund returned 39 per cent last financial year. Here’s where they’re investing this year.
ASX hits 3-day high led by miners, resurgent banks
Glencore preps for Queensland smelter closure. Ampol flags lower earnings. Woodside’s US hydrogen hit. Quarterly updates weigh on Telix, Paladin.
ASX ends flat amid banks/miners switch; RBA keeps rate cuts in the frame
CBA leads bank losses, offset by gains in miners and CSL. RBA lowers chance of ‘severe’ hit to economy. Insignia’s relief rally as CC Capital’s lower-than-expected $4.80 per share offer lands.
ASX has best week since May
A surge in the major miners and healthcare stocks drove the ASX to its best week since May, with the All Ordinaries passing the historic 9000 point mark.
CBA exec found dead after shocking charges
A former banking executive facing charges of procuring underage girls for sex at a hotel has been found dead.
Sordid claims before disgraced banker’s death
A former banking executive facing charges of procuring underage girls for sex at a hotel has been found dead.
Miners drag ASX to worst day since May
Australia’s sharemarket had its sharpest one-day sell-off since May, with the major miners slumping during Wednesday’s trading.
Chalmers ‘open to new taxes’ after Treasury leak
Jim Chalmers is open to raising new taxes and cutting more spending after Treasury accidentally released advice saying such actions were critical to making the budget sustainable again.
CBA exec’s ask of sex worker: court
A major update has emerged in the case against a senior Commonwealth Bank executive who is accused of trying to procure underage girls for sex.
CBA exec’s ask of sex worker: court
A major update has emerged in the case against a senior Commonwealth Bank executive who is accused of trying to procure underage girls for sex.
Bank executive extradited in child sex case
A senior Commonwealth Bank executive has been extradited and charged after allegedly luring two underage girls to a hotel through a sex worker contact.
Big bank’s warning on rate hold shock
Australia’s biggest bank has delivered a sharp warning about the Reserve Bank’s shock decision to hold interest rates and what it means for Aussie households.
CBA campaign taps into Aussie dreams
Forget the great Australian dream of owning a home, Aussies today have very different dreams and a major new ad campaign from CommBank wants to encourage people to chase them.
Are ETFs behind Commonwealth Bank’s record run?
Investors have rushed into passive exchange-traded funds, which perfectly match market moves. But are the funds themselves changing the sharemarket?
Crunch time for Helia as ING Bank heads for exit
Mortgage insurance business Helia says it’s likely to lose ING Bank as a customer following the departure of Commonwealth Bank.
Helia, Domino’s top losers; ASX 200 at record high
Lenders insurer Helia may lose ING contract months after CBA hit. RBA easing next week fully priced in despite weak retail sales. Domino’s CEO exit leaves plans in disarray. Cyber attack weighs on Qantas.
ASX closes out financial year 10pc higher
Domestic bourse finishes strong year despite tariff turmoil. Queen’s Wharf deal dead as Star, partners can’t resolve ‘outstanding commercial issues’. Health stocks fare best.
Major banks tumble as sharemarket seesaws
One major Aussie bank has endured its worst day on the sharemarket in nine weeks after investors sold down major banks and moved into the mining sector.
Big bank’s bizarre way to stop scammers
In an Australian banking first, one of the country’s big four banks has revealed a unique new strategy they will use to combat scammers.
Major Aussie bank soars as ASX trades flat
Banks have soared and the miners have fallen on a mixed day of trading on the Aussie sharemarket, as the market anticipates a third interest rate cut.
Mortgage relief on the way as RBA set to cut rates again; CBA hits record
RBA will need to cut ‘at least another couple of times’. PointsBet shareholders approve Mixi offer. CBA hits $192. Star investors back $300m rescue deal. Xero taps institutions for $4bn-plus US buy.
ASX soars on peace hopes; Virgin, Greatland shares take off
Strong IPO debuts build on ASX optimism over possible de-escalation of Middle East tensions. Whyalla Steelworks’ sale process begins. CBA hits record. Rio Tinto and Gina Rinehart plan a new iron ore mine.
ASX falls to three-week low on Iran fears
Australia’s sharemarket slid during Monday on fears the Middle East conflict could escalate but the falls were limited thanks to one banking juggernaut.
ASX 200 hits two week low as banks retreat; Betr unrelenting in PointsBet pursuit
Rejected suitor Betr details new intended all-scrip bid with buyback carrot for PointsBet. Investors jittery amid Middle East turmoil. Voting on Bally’s ‘unattractive’ Star rescue deal next week.
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