New boss at biggest Aussie bank takes over amid scandals

Taking over after a series of scandals and with the banking royal commission and an APRA investigation still ongoing, CBA needs Comyn to be both. Since the 42-year-old father-of-three was picked three months ago to replace the outgoing Ian Narev, he has balanced change with continuity.
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Western Asset Mortgage Capit logo Rhumbline Advisers trimmed its position in Western Asset Mortgage Capit (NYSE:WMC) by 15.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,478 shares of the financial
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Orion Span isn't the only startup trying to capture the seemingly burgeoning market of space real estate. Other firms are manufacturing units that can be leased out for storage space among myriad other ventures, which Bloomberg reports has garnered nearly $8 billion worth of investment since 2015.
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The conversion of rice lands into cash crop production areas is at the root of the country's failure to attain rice self-sufficiency, according to President Duterte. Partly true. Cash crops with a ready market and with a production cycle shorter than three months are preferred by farmers in many of the country's
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During an operation against the Islamic State (ISIS) in mid-March, Turkish police arrested two suspects and found $1.3 million, 8,5 kg gold, 18 kg crude silver, 7 kg silver bullion, and €108 thousand, reported Cumhuriyet newspaper on April 4. The office was used for the 'hawala' system, an informal
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Berenberg Bank upgraded Croda International to a “buy” rating and increased their target price for the stock from GBX 4,150 ($58.25) to GBX 5,000 ($70.19) in a report on Tuesday, January 23rd. Jefferies Group cut Croda International to a “hold” rating and increased their target price for the stock from
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Any Riot Games-hosted event would feel lacking if the usual swarm of talented cosplayers weren't in attendance. This year's Spring Split finals weekend in Miami is no exception. This particular cosplay of the Captain Fortune League of Legends skin was one of the most impressive costumes on display,
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Finzy: Bengaluru-based P2P lending platform Finzy has raised $1.3 million in its pre-series A funding round from a clutch of undisclosed investors. MoveInSync: Transport automation platform, MoveInSync Technology Solutions has raised a Series B round of $8 million (approx Rs 53 crore) led by Nexus
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A leading lender has admitted to making a series of careless errors in court documents used to try to evict borrowers from their homes. Customers have accused Mortgage Express – the former Bradford and Bingley home loan arm now owned by the Government – of being slapdash in its approach to
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During the housing bubble he denied there was a housing bubble and he disparagingly referred to those who were issuing warnings of the housing … Then in July 2008, after the housing market and stock market had crashed and job layoffs were causing unemployment to increase at an alarming rate,
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AerCap (NYSE: AER) and PennyMac Financial Services (NYSE:PFSI) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, analyst recommendations, risk, valuation, institutional ownership, profitability and dividends.
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Vanguard Mortgage Bkd Sects ETF logo Cambridge Investment Research Advisors Inc. increased its position in shares of Vanguard Mortgage Bkd Sects ETF (NASDAQ:VMBS) by 7.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund
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KUALA LUMPUR, April 7 — Affin Islamic Bank Bhd is optimistic on achieving a 40 per cent market share of the Islamic banking finance by 2019, mainly driven by the growth in its small and medium enterprises (SMEs) financing segment. Head of Shariah Supervisory, Mohd Faiz Rahim, said the bank was
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What fazes Bay Area home buyers? Not the roller coaster ride on the stock market or the tax overhaul it seems; nothing experts predicted seems able to stop San Francisco home prices from rising and buyers from inking deals, according to Bloomberg. The biggest news is the median house sales price
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In the city of Boston, Boston Private Bank & Trust Company offers a First Time Homebuyer program, and “soft second” mortgage financing. Under its Accessible Banking program, the Bank is an active provider of real estate financing for affordable housing, economic development, and small businesses. “.
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The Barrier Systems Market is expected to grow in the future owing to the implementation of various technologies, modification of transport infrastructure, and development of commercial real estate. The report has been assembled using primary and auxiliary research methodologies. The data has been
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Muzinich & Company decreased Tpg Specialty Lending In (TSLX) stake by 21.84% reported in 2017Q4 SEC filing. Muzinich & Company sold 473,654 shares as Tpg Specialty Lending In (TSLX)'s stock declined 12.77%. The Muzinich & Company holds 1.70 million shares with $33.57 million value,
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Saudi Basic Industries Corp. proposed building a Houston headquarters for its Western Hemisphere operations as the Middle East's dominant chemical maker seeks to capitalize on the U.S. shale boom. Sabic, as the company is known, said a final decision will be contingent on receiving local and
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California's record-high rents and surging homeless population are the results, in great part, of a failure to build enough housing over the last few decades. The state needs to build 3.5 million more units by 2025 to meet population and market demands, according to the McKinsey Global Institute,
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Evans said the U.S. economy and labor markets are very strong right now, and that he was pleased labor face participation rates have stopped falling after being in a “downward secular trend” for some time. He added that he's been surprised wages haven't responded more to the strong economy and
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