Matt Comyn’s CBA mandates Gresham to sell ultra-high-net-worth advice business

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Sources say the advisory firm has begun mailing out marketing materials to prospective buyers.

Commonwealth Bank boss Matt Comyn has given his bankers the green light to shop the lender’s financial advice business geared at Australia’s ultra-wealthy families, after Street Talk revealed it was grinding through aStreet Talk understands Gresham has snagged the mandate to shop CBA’s ultra-high-net-worth advice business, after helping the banking giant acquirehas co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories.

Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Industry group boss Anja Pannek said comments critical of broker pay controls from CBA boss Matt Comyn were a “deflection” after he lifted bonus caps for his bankers.This week on the Chanticleer podcast, James and Anthony discuss AustralianSuper’s $1.

 

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