CBA

Commonwealth Bank of Australia (CBA)

Fri, 13/06/2008 - 17:23

Stock Code

CBA

Stock Exchange

Australian Securities Exchange

Commonwealth Bank of Australia (CBA) or Commbank is Australia's leading banking group engaged in providing integrated financial services that include business and institutional banking, retail banking, life insurance, superannuation, funds management, general insurance, broking services and other finance company activities clients from institutional, small business owners to individuals. Though CBA is based in Australia, it also has operations in the US, the UK, Singapore, Japan, Grand Cayman, Hong Kong, Fiji, Malta, China, Vietnam and Indonesia.

Best and Worst Pre-Christmas Traded Stocks


Stocks went up and down before Christmas day arrived and this record shows to prove it. Below are list of the best and the worst traded stocks in ASX100, ASX200 and All Ordinaries of the Australian Stock Exchange in the 51st week of 2011, December 19 to 23, 2011.

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CBA: The Rise and the Fall


Commonwealth Bank of Australia (CBA) announced today that the company earned $1.75 billion unaudited cash profit for the first quarter of the financial year, making this year's earnings better compared to the $1.6 billion last year.

The Stock Market's Upcoming Events


For next Monday, August 15, 2011, there is only one float but four stocks are scheduled to go on ex-dividend, and four companies are going to have their general meeting.

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$6.4B Record Profit for Commonwealth Bank


Commonwealth Bank (ASX:CBA) booked a record $6.4 billion full year profit, or a 13 percent increase. Cash profit added 12 percent to just over $6.8 billion, approximately in line with expectations.

CBA reported an 18.4 percent return on equity on statutory results with a 12 percent rise in earnings per share to 411.2 cents.

Westpac and Commonwealth Bank Cut Fixed Rates


Commonwealth Bank (ASX:CBA) and Westpac (ASX:WBC) yesterday slashed their rates for fixed home loans after predicting that the Reserve Bank's next rate will go down.

CBA Rejects Takeover Reports of IAG


Commonwealth Bank of Australia (ASX:CBA) rejected reports that its interested in buying Insurance Australia Group to expand its insurance division. According to reports from Fairfax newspapers, CBA CEO Ralph Norris met with former NRMA director Richard Talbot about a possible takeover. A $7 billion deal is under consideration but no formal talks had been set.

Westpac Expands Into Beijing


Westpac (ASX:WBC) has received regulatory approval to open a branch in Beijing. The branch opens on June 29 and is located in the World Finance Centre in Beijing's central business district.

Australia's second-largest lender by value also plans to open two more China branches in the medium term. The two branches are in addition to the Shanghai branch which opened in 2008, the first Westpac branch in China.

CBA, Westpac Cancel Cards due to Security Breach


Commonwealth Bank (ASX:CBA)and Westpac (ASX:WBC) cancelled a number of credit cards due to a potential security breach. Both banks confirm that the cards had been compromised and may leave them vulnerable to fraud.

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