Sunday August 18, 2019 10:14

COMMONWEALTH BANK Press Releases

Commonwealth Bank Of Australia#s CommBank PERLS X Capital Notes Rated Stcoks—07 Mar 18

SYDNEY (S&P Global Ratings) March 7, 2018--S&P Global Ratings today said that it has assigned its 'BB+' issue credit rating to Commonwealth Bank of Australia 's (CBA; AA-/Negative/A-1+) proposed CommBank PERLS X Capital Notes (PERLS X). We rate

Matt Comyn appointed CEO of the Commonwealth Bank Stcoks—29 Jan 18

Matt Comyn will be the new Chief Executive Officer of the Commonwealth Bank of Australia (CBA), effective 9 April 2018, replacing Ian Narev, who announced in August that he would retire before the end of this financial year, after more than six years in

Commonwealth Bank to outsource cybersecurity to save money Stcoks—04 Sep 17

Commonwealth Bank wants to move a substantial part of its information technology division, including critical cyber security operations, to save costs, amid a growing scandal over its ability to monitor and report suspicious transactions. Sources said

Commonwealth Bank Of Australia#s CommBank PERLS IX Capital Notes Rated Stcoks—20 Feb 17

SYDNEY (S&P Global Ratings) Feb. 20, 2017--S&P Global Ratings today said it has assigned its 'BBB-' issue credit rating to Commonwealth Bank of Australia's (CBA; AA-/Negative/A-1+) proposed CommBank PERLS IX Capital Notes (PERLS IX), which CBA's

CBA sells stake in Visa for $439m Stcoks—19 Dec 16

Commonwealth Bank has sold its remaining minority shareholding in credit card giant Visa for $439 million, gaining an after tax profit of $278 million. Australia's biggest bank has also written down some software assets by $275 million after tax as part

Ratings On 16 Market-Linked Notes Issued By Commonwealth Bank of Australia Stcoks—19 Dec 16

SYDNEY (S&P Global Ratings) Dec. 19, 2016--As a result of a misapplication of the "Principles For Rating Debt Issues Based On Imputed Promises" criteria, S&P Global Ratings today withdrew its global scale and, when applicable, local scale issue

Commonwealth Bank and Alipay enter landmark MOU to provide innovative payments Stcoks—31 Oct 16

Commonwealth Bank of Australia (Commonwealth Bank) and Alipay, the world's largest mobile and online payment platform, operated by Ant Financial Services Group, have signed a landmark Memorandum of Understanding (MOU) to deliver payment solutions that

Commonwealth Bank appoints Catherine Livingstone as chairman Stcoks—12 Oct 16

Wednesday -- The Commonwealth Bank of Australia announced that its Chairman Mr David Turner will retire from the Board at the end of December 2016. He will be succeeded as Chairman by current non-executive director Ms Catherine Livingstone AO. Mr Turner

Australian bank CEOs set to face parliamentary scrutiny Stcoks—03 Oct 16

SYDNEY: The chief executives of Australia's 'Big Four' banks are set to be questioned over three days this week by a parliamentary committee that could propose measures to limit the dominance of the major lenders, including imposing a new levy. The CEOs

Commonwealth Bank of Australia and Barclays join forces to streamline and simplify payments between Stcoks—09 Sep 16

Innovative link-up of CBA's CommBank app and Barclays' Pingit will allow customers to move money over 10,000 miles – quickly, securely and seamlessly - with no more than a mobile number.Ground breaking collaboration marks the first time two global

ACCC continues its review of banks application for authorisation to collectively bargain with Stcoks—19 Aug 16

The Australian Competition and Consumer Commission is continuing to assess the applications for authorisation by the Commonwealth Bank of Australia, Westpac Banking Corporation, National Australia Bank, and Bendigo and Adelaide Bank after deciding not to

Commonwealth Bank establishes new Customer Advocate function to strengthen customer Stcoks—12 Aug 16

Commonwealth Bank has announced it is strengthening accountability for fair customer outcomes and offering a more customer-oriented perspective on how the bank does business, through the establishment of a new Customer Advocate function. Heading this

Brexit: #Mayhem# as Australians rush to buy pounds Stcoks—25 Jun 16

Australian currency shops experienced "mayhem" and the Commonwealth Bank temporarily suspended some foreign exchange after the Pound Sterling fell to its lowest point in more than 30 years following Britain's vote to leave the European Union. Customers

Commonwealth Bank Of Australia#s CommBank PERLS VIII Capital Notes Rated Stcoks—16 Feb 16

SYDNEY (Standard & Poor's) Feb. 16, 2016--Standard & Poor's Ratings Services today assigned its 'BBB-' issue credit rating to Commonwealth Bank of Australia's (CBA; AA-/Stable/A-1+) proposed CommBank PERLS VIII Capital Notes (PERLS VIII), which

Commonwealth Bank creates global innovation network Stcoks—19 Jan 16

Commonwealth Bank of Australia (Commonwealth Bank) has today launched an Innovation Lab in Hong Kong and announced plans to launch an Innovation Lab in London later this year. This innovation network is a natural extension of the Bank's successful

Commonwealth Bank and UNSW confront chronic cyber security shortage General—08 Dec 15

The Commonwealth Bank and the University of New South Wales today announced a $1.6M, five-year partnership to develop a centre of expertise for cyber security education aimed at boosting the nation's reserve of quality security engineering

Commonwealth Bank increases support for Australian leadership in quantum Stcoks—08 Dec 15

Sydney - Commonwealth Bank has provided in-principle commitment for an additional $10 million to support Australian researchers who are well advanced in their efforts to build the world's first silicon-based quantum computer in Sydney. CBA welcomes the

Commonwealth Bank increases support for Australian leadership in quantum Stcoks—08 Dec 15

MELBOURNE (Standard & Poor's) Dec. 8, 2015--Standard & Poor's Ratings Servicestoday lowered its rating on the US$28.1 million variable-rateprincipal-protected 2007-03 series notes issued by Jupiter Finance Ltd. to'BBB+p (sf)' from 'A-p (sf)'. At

Commonwealth Bank Of Australia#s Subordinated Notes Rated #BBB+# Stcoks—04 Dec 15

SYDNEY (Standard & Poor's) Dec. 4, 2015--Standard & Poor's Ratings Servicestoday assigned its 'BBB+' long-term issue credit rating to the CommonwealthBank of Australia Ltd.'s (CBA) subordinated notes, to be issued under CBA'sUS$50 billion Rule

Commonwealth Bank Of Australia#s Subordinated Notes Rated #BBB+# Stcoks—16 Apr 15

SYDNEY (Standard & Poor's) April 16, 2015--Standard & Poor's Ratings Servicestoday assigned its 'BBB+' long-term issue credit rating to the CommonwealthBank of Australia Ltd.'s (CBA) subordinated notes, to be issued under CBA'sUS$70 billion

Commonwealth Bank launches new EFTPOS tablet Stcoks—01 Apr 15

Commonwealth Bank has today launched an innovative, new EFTPOS tablet which is set to transform how businesses interact with their customers and disrupt the payments space. Available from today, Commonwealth Bank’s Albert has been engineered to

Commonwealth Bank of Australia deploys Convergo CloudPay Stcoks—24 Mar 15

Munich – Commonwealth Bank of Australia´s (CBA) latest mobile Cloud Payment launch is amongst the world’s first commercial offerings for HCE (Host Card Emulation) for NFC contactless payments. CBA customers can enroll for the service

CBA#s Subordinated Notes That May Be Issued Under Its Australian Dollar Denominated Debt Issuance Stcoks—31 Oct 14

SYDNEY (Standard & Poor's) Oct. 31, 2014—Standard & Poor's Ratings Servicestoday assigned its 'BBB+' long-term issue credit rating to the subordinatednotes component that was added to Commonwealth Bank of Australia's (CBA;AA-/Stable/A-1+)

SP Adds #p# Subscript To Rating On Commonwealth Bank of Australia#s US$30 Million Senior Unsecured Stcoks—28 Oct 14

SYDNEY (Standard & Poor's) Oct. 28, 2014--Standard & Poor's Ratings Servicestoday performed a correction on Commonwealth Bank of Australia's US$30 millionS&P 500 and CMS linked fixed-rate range accrual notes due 2029, by adding aqualifying

Commonwealth Bank Of Australia#s CommBank PERLS VII Capital Notes Rated Stcoks—18 Aug 14

SYDNEY (Standard & Poor's) Aug. 18, 2014--Standard & Poor's Ratings Servicestoday assigned its 'BBB' issue credit rating to Commonwealth Bank ofAustralia's (CBA; AA-/Stable/A-1+) proposed CommBank PERLS VII Capital Notes(PERLS VII), which will be