Local shares rally after Friday’s sell-off as US remains resilient. WiseTech dives as Board investigates allegations against CEO Richard White. Retailers down as Nick Scali drops on profit warning. MinRes shares hit as Board backs CEO Chris Ellison amid investigation over alleged tax evasion. Vulcan issues profit warning.
Commonwealth Bank has slugged thousands of customers extra for transactions after the bank’s systems double billed many for spending on their card.
CommBank customers woke on Saturday to find funds had been taken from their accounts for transactions they had already paid for.
Australia’s biggest bank is urgently addressing a major issue that has left hundreds of customers panicking about their finances.
All eyes were on Douglas Costa and Juan Mata coming into the the Sydney derby, but it was Polish forward Patryk Klimala that stole the show during Sydney FC’s win over the Wanderers.
The nation’s largest bank has been fined for sending 170 million emails to Australians without offering the ability to unsubscribe.
Shareholders line up in Adelaide to lob questions at the nation’s biggest bank over its lending policies.
Customers are feeling the pinch from the cost of living crisis, with Australia’s largest bank revealing the huge number of people struggling to pay their mortgages.
Oliver Wyman, which reported on CBA’s governance in 2018, will conduct a sweeping review of culture and risk governance in ANZ’s embattled institutional division.
Commonwealth Bank predicts homeowners will get an early Christmas present, with a rate cut coming in December.
Sharemarket sets new highs after US gains. NAB revises rate cut prediction. Private equity circling wealth platform market. CBA says households cutting back spending. Tyro sinks on RBA review of card payments and surcharging.
Commonwealth Bank is the only major expecting an RBA cut by December. Now it’s more confident than ever in that view.
A $30m revamp of the prominent former Commonwealth Bank HQ building on King William St in Adelaide has been completed. Take a look inside.
Commonwealth Bank chief executive Matt Comyn’s mammoth pay packet has come in for attention from influential proxy groups ahead of the lender’s annual general meeting.
Is the hedge fund boss being brave or foolhardy by going where many have gone before and fortunes have been lost.
There are two big messages coming out of the management reshuffle at the nation’s biggest bank.
The nation’s biggest bank has announced three new senior executives amid a shake-up.
Oil, gold stocks jump on Middle East conflict escalation. Jobs to go in Country Road restructure. SiteMinder insider’s $85.4m selldown. Kennett to retire after juice company merger. CEO changes at Collins Foods, KMD. CBA shuffles top deck.
Ex-Commonwealth Bank IT executive Jon Waldron has been handed a minimum sentence of four years after accepting bribes and profiting off his position.
Scams are costing Aussies billions of dollars a year but criminals trying to steal your identity now have a new barrier to overcome.
The bank is further shaving its overseas exposures, offloading a stake in the Vietnamese lender assembled in 2010.
Australia is witnessing some green shoots in its development of cryptocurrencies and blockchain, but an upcoming election could halt its progress, a conference has been warned.
Australia’s top bankers are in the limelight after the anointing of Westpac’s new boss, leaving just ANZ and Commonwealth Bank to announce their future leadership line-up.
Leading Australian economists say the RBA will deliver a gift to cash-strapped households in February, but one key player is holding firm on a rate cut this year.
PwC tax scandal evidence called into question. Myer cuts dividend on profit slide. Harvey Norman to defend ‘junk’ warranties class actions. Macquarie’s big US regulatory settlement.
One of Australia’s big four banks is exploring the prospect of trialling an AI-style chatbot that could replace its call centre staff.
The nation’s largest bank has just leapfrogged its big four competitors as it implemented some of the most powerful AI tools in the region.
Despite the ever-present economic gloom, new electric vehicles and hybrids are prominent among a wave of assets businesses have sought funding for, Commonwealth Bank says.
Economic activity jumped last month, but Australia’s biggest bank warns the frothy spending could be temporary.
Plibersek approval for Stokes-backed BCI’s Mardie project. Steadfast slumps on response to allegations. Tassie salmon may raise a stink at Coles AGM. Jim Chalmers considers ‘next steps’ on RBA reforms.
Original URL: https://www.theaustralian.com.au/topics/commonwealth-bank-of-australia/page/5