The bank believes a complete ban on debit and credit card imposts is the simplest way to deal with surcharging inequity.

The Commonwealth Bank of Australia has urged the Reserve Bank to scrap surcharges on debit and credit card payments, in a ...

Banking and financial heavyweights are campaigning for debit and credit surcharges to be banned across the country. The Reserve Bank of Australia (RBA) is conducting a lengthy investigation into the ...

The Commonwealth Bank of Australia failed to formally notify either of the country's prudential regulators before shifting a ...

Stan Foraker, who was hired by First Commonwealth Bank to build a mortgage unit from scratch, is retiring, effective April 1.

One of Australia’s big four banks has renewed its prediction for when the Reserve Bank will cut the cash rate, as spending ...

The AI division is led by CBA veteran Martha McKeen, who left her role at the bank as executive manager, CIO for technology ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

As the new year unfolds, the financial focus in Australia is firmly on the Reserve Bank of Australia (RBA), particularly as ...

A bank that trades on the New York Stock Exchange is acquiring a Cincinnati-based financial institution for $54.6 million. STORY HIGHLIGHTS First Commonwealth Bank will acquire CenterBank for $54. ...

Citi said that Westpac and Commonwealth Bank are its preferred picks among Australia's big banks, with retail banking likely better placed than business banking in 2025.