'No insurance business plans' says CBA
May 30, 2008
Commonwealth Bank of Australia said it had no plans to acquire a general insurance business after a broking house said that CBA would consider such a move.
Australia's Commonwealth Bank eyeing BankWest: report (Reuters)
Reuters - Commonwealth Bank of Australia (CBA) , the country's No. 2 bank by assets, may offer over A$6 billion ($5.2 billion) to British bank HBOS for its Australian unit BankWest, the Australian newspaper reported on Monday.
Commonwealth Bank hikes home loans
Commonwealth Bank has ramped up its benchmark mortgage rate by 0.14 per cent a week or so after the RBA said there was no need to lift official rates higher.
CBA considers insurance buys: Citigroup
The Commonwealth Bank will seriously consider making a big acquisition in the general insurance space if one arose, a broker says.
CBA rules out bid for St George
Commonwealth Bank has no intention of making a rival bid for St George, but won't rule out a bid for ABN Amro in Australia.
Westpac, CBA join $1.2b float party
Westpac and Commonwealth Bank will make close on $600 million after Visa's successful listing on the New York Stock Exchange.
Westpac may have to boost $17.6...
Reuters - Westpac Banking Corp Ltd , which
has bid $17.6 billion for St George Bank in the
biggest banking takeover ever in Australia, is bracing for
rival offers to emerge...
Australia's Westpac bids $17.6...
Reuters - Westpac Banking Corp Ltd
launched a $17.6 billion all-share bid for smaller rival St
George Bank Ltd in a tie-up that would create
Australia's biggest bank by...
Westpac Banking Corporation and St...
Westpac Banking Corporation, Australia's oldest company, is in talks with St
George, a former building society, about merging to form a A$64 billion ($£31
billion) institution.
Commonwealth Bank of Australia discusses buying ABN Amro branch
Commonwealth Bank of Australia Ltd., the country's largest lender, said Wednesday it has entered exclusive talks to buy the local arm of Dutch investment bank ABN Amro.
Commonwealth Bank half-year profit rises 8 percent, despite credit woes
Commonwealth Bank Of Australia said Wednesday its first half net profit rose 8 percent compared to the same period a year earlier, though volatility in global markets stemming from the U.S. subprime mortgage crisis weighed on earnings. 
Margin Lenders Cap Funding to Babcock
Three margin lenders stopped funding purchases of Babcock & Brown shares after a sharp drop in the firm's market value.
Westpac Aims To Buy Way To Top In...
Bank says it's in talks to acquire smaller rival St. George, making it biggest in country by market cap.
Westpac Aims To Buy Way To Top In...
Bank says it's in talks to acquire smaller rival St. George, making it biggest in country by market cap.
CBA eyes ABN Amro
Commonwealth Bank of Australia is hoping to add investment banking to its online trading hub Commsec.
CBA working exclusively to acquire Amro
Commonwealth Bank of Australia Ltd (CBA) says it has entered exclusive talks to acquire the local arm of investment bank ABN Amro.
Commonwealth sees above system growth
The Commonwealth Bank of Australia has experienced above system growth in its home loans and household and business deposits.
Westpac, CBA to scrap paper statements
Commonwealth Bank has joined Westpac in giving its customers the opportunity to receive electronic bank statements instead of paper letters through the post.
Commbank: home loan rates will rise
HOME loan rates will be pushed even higher this year as a result of higher bank funding costs, Commonwealth Bank chief executive, Ralph Norris, warned yesterday.
CBA says capital position is strong
Commonwealth Bank of Australia shares strengthened on Thursday after it said it did not plan to raise additional capital.
CBA to spend $580m over on technology
Commonwealth Bank of Australia will spend $580 million over four years replacing 45-year-old technology systems to improve efficiency and customer service.
Fortescue defies the sceptics
Twiggy Forrest has his sceptics but Fortescue is close to becoming the Third Force in the Pilbara. City Pacific, meanwhile, is faring less well.
05/07/08
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CBA sells $1.1bn of samurai bonds
Commonwealth Bank of Australia, the nation's largest lender, raised 107.1 billion yen ($1.1 billion) offering investors in Japan more than double the yield margin over benchmark...
Fairfax moves to unwind margin loan
THE Fairfax Media director John B. Fairfax has unwound a margin loan over 159 million of the publisher's shares, which was believed to have prompted short-sellers to target the...
CBA year net profit up 7 per cent
The Commonwealth Bank has lifted its reported profit by seven per cent and says volatility in financial markets is putting pressure on its funding costs.