Commonwealth Bank first-half profit rises to $4.7b, but misses expectations

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Breaking: Commonwealth Bank first-half profit rises to $4.7b, but misses expectations

 

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‘We need to serve you better’: NAB CEO | Sky News AustraliaNational Australia Bank chief executive Andrew Thorburn is confident he can oversee necessary changes to the organisation, despite scathing comments in the banking royal commission’s final report.\n\nSingling out NAB, Commissioner Kenneth Hayne said the company didn’t appear to be taking responsibility for what had gone wrong and had continued to blame faults on administrative errors.\n\nMr Thorburn says in a video posted to Twitter that it's clear ‘we need to rise and serve you better’.\n\nThe royal commission delivered 76 recommendations to improve the banking super and financial sectors in its report released on Monday.\n\nAt least 20 civil and criminal referrals have been sent to APRA and ASIC involving the Commonwealth Bank, NAB, ANZ and AMP.\n\n chriskkenny Wait until the rc into Newscorp. You might be in some strife auspol chriskkenny Nothing happened as a result of the exposures in the Union RC If it happens here then it really is time to revisit and hold out some people from the Unions as well chriskkenny Rubbish. Banks have been let off, brokers will be ruined, along with all the ancillary services. Consumers lose too as they’ll be without the benefit of quality advisers and will end up at the big 4. Check bank stocks v broking and aggregator stocks today. Farce of the century
Source: SkyNewsAust - 🏆 7. / 78 Read more »

‘We need to serve you better’: NAB CEO | Sky News AustraliaNational Australia Bank chief executive Andrew Thorburn is confident he can oversee necessary changes to the organisation, despite scathing comments in the banking royal commission’s final report.\n\nSingling out NAB, Commissioner Kenneth Hayne said the company didn’t appear to be taking responsibility for what had gone wrong and had continued to blame faults on administrative errors.\n\nMr Thorburn says in a video posted to Twitter that it's clear ‘we need to rise and serve you better’.\n\nThe royal commission delivered 76 recommendations to improve the banking super and financial sectors in its report released on Monday.\n\nAt least 20 civil and criminal referrals have been sent to APRA and ASIC involving the Commonwealth Bank, NAB, ANZ and AMP.\n\n\n\n\n theheraldsun That would be as result of the slap on the wrist proposed by LNP theheraldsun Insider trading anyone?
Source: SkyNewsAust - 🏆 7. / 78 Read more »