[BENGALURU] Commonwealth Bank of Australia kept aside A$1.5 billion (S$1.37 billion) on Wednesday to cover expected loan losses caused by the Covid-19 pandemic and posted a 23.5 per cent drop in...

[BENGALURU] Shares of the "Big Four" Australian lenders fell on Wednesday, a day after the prudential regulator asked banks and insurers to consider deferring dividend payouts or use buffers until...

[SYDNEY] Australia faces a 10 per cent economic contraction in the March quarter as shockwaves from the coronavirus pandemic rip through the economy, the head of the Commonwealth Bank of Australia...

[BENGALURU] Australia's Commonwealth Bank said on Monday it will not contest two lawsuits by the country's corporate regulator that stemmed from a government ordered inquiry into the financial...

[SYDNEY] Australia's prudential and corporate regulators are checking the contingency plans of banks and other financial institutions to prepare for a potential coronavirus pandemic which could...

COMMONWEALTH Bank of Australia posted a better than expected half-year profit and said it was actively considering returning capital to shareholders, driving its shares higher to a near five-year...

[SYDNEY] Commonwealth Bank of Australia posted a better than expected half-year profit and said it was actively considering returning capital to shareholders, driving its shares higher to a near...

[SYDNEY] Commonwealth Bank of Australia grew its home lending business in the second half of last year, the only one to do so of the four major banks, data showed on Friday, as offshore lenders...

[WELLINGTON] Australia's major banks shrugged off concerns about further weakness in dividend payout ratios and earnings downgrades after New Zealand announced tougher capital requirements on...

[BENGALURU] Australia's corporate regulator on Wednesday banned telephone sales of life insurance after an inquiry into the financial sector last year found "cold calling" had been abused to get...