Commonwealth Bank of Australia
The Commonwealth Bank of Australia or CommBank is Australia's largest bank by asset-size and the 18th largest bank in the Asia Pacific region ("Asia-Pacific's 50 largest banks by assets, 2023" by S&P Market Intelligence).
CommBank names new group CIO and group CTO
CommBank names new group CIO and group CTO
Victoria Ledda and Rodrigo Castillo will take over their new roles on 1 July.
1 day ago
CommBank commits $98.56m to branch network
The bank aims to reduce wait times and expand access to specialist support.
2 days ago
Aussie mortgage holders spending less as higher rates bite: CommBank
They bucked the trend of Australian households spending more in May.
4 days ago
Australia's Big 4 stockpiles $22.8b amidst Middle East war fears
Business lending tops 34% whilst homebuyers still prefer brokers.
CommBank's capital stays strong despite AT1 phaseout: S&P
APRA will begin classifying AT1 instruments as Tier 2 capital starting January 2027.
CommBank tests AI banking assistant in app pilot
CommBank Companion will use live data to deliver financial info to customers.
CommBank names UNSW’s Mary-Anne Williams as chief AI strategist
Wiliams will lead CommBank’s team of AI scientists.
CBA taps luxury label BEARE PARK to redesign frontline staff wardrobe
BEARE Park founder Gabrielle Pereira was a former banker herself, CBA said.
Commonwealth Bank of Australia deploys agentic AI to detect scam patterns
It also creates new rules to intercept scams, approved by the bank’s fraud analytics team.
Australia’s CommBank enables e-Passports for bank account opening
Around 700,000 new customers join the bank yearly.
Australia's Big Four banks face stage 3 loan risks as rates rise
Intense competition and rising costs are expected to reduce margins.
Aussie Big 4 banks raise home interest rates by 0.25%
ANZ, CBA, and NAB’s changes are effective 27 March 2026
CBA credit losses seen steady as debt risks linger: S&P
The bank is vulnerable to housing-related risks.
CBA earnings up 1% YoY to A$718m in H1 as deposit margins fall
Customer margins remained flat during the period.
Australia’s big four banks loan deferrals, waive fees for bushfire victims
NAB is providing A$1,000 grants and additional financial relief, for example.
Australia big four banks hold majority of loans in mortgages
CBA and Westpac have the largest proportion of mortgages relative to their gross loans.
CBA pays $525,000 in penalties for data sharing contraventions
Some customers may have been unable to share certain data to accredited recipients.
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