Commonwealth Bank

Truck Drivers to CEOs Need to Prepare for AI at Work: CommBank

Design thinking, financial acumen and emotional intelligence among skills in high demand in the workforce of the future, according to a new report …

Intelligence

R3 and Microsoft expand partnership with deeper tech integration

Enables seamless integration of SQL Database and in the future other services such as Azure Active Directory, Key Vault, and Express Route.<p>R3 and …

FinTech

Bankwest sends broker site to the public cloud with AWS Lambda

The latest initiative in Bankwest's 'cloud-first' approach to service delivery has seen the security gateway for its broker website delivered via …

Business

Banks prepare for parliamentary inquiry

The country's biggest banks appear resigned to the prospect a high-powered inquiry sooner or later, and are making preparations to minimise the …

The City

Branches, innovation to help banks take on tech titans: DBS

Branches will prove to be a key defence for large banks against the potential onslaught of competition from global technology and e-commence …

Banking

Consumers opt for experiences over stuff

Consumers are spending more on concerts and going to the movies but staying away from the shops, particularly clothing stores, a new survey of …

Trends

SOFTS-Raw sugar climbs to 5-1/2 month high, cocoa prices weaken

LONDON, Nov 17 (Reuters) - Raw sugar futures climbed to a 5-1/2 month high on Friday, boosted by further fund short-covering, while coffee and cocoa …

Figure shows drop in coal-fired power

Overnight, the United Kingdom led a group of nations in pledging to stop using coal-fired power, revealing one figure that highlighted its dire …

Climate

Labor offers to work with Nats to set up banking royal commission

Labor will work with angry Nationals to try to establish a royal commission into banks as the Coalition's junior party seeks to wreak revenge after …

Financial Services

Selfwealth's $7.5 million float to hit ASX by early December

Peer to peer share-trading platform Selfwealth is on track to hit the ASX by the first week of December after adding 300 new shareholders since …

Viral

Here's yet another worrying sign for Australia's struggling retail sector

Sean Gallup/Getty Images<p>The Commonwealth Bank’s monthly spending index showed sales across Australia continued to climb in October.<p>But while the data …

Economy

Commonwealth Bank says its lending for coal will continue to decline

Analysts say a test of the bank’s withdrawal from coal will come when Adani’s Abbot Point terminal comes up for refinancing<p>The Commonwealth Bank has told its shareholders to expect its support of the coal industry to decline as it helps finance the transition to a low-carbon economy, indicating the …

Environment

Commonwealth Bank averts board spill, apologises for AUSTRAC scandal

The Commonwealth Bank's board was at the mercy of its shareholders during its annual general meeting on Thursday.<p>Its chairman Catherine Livingstone …

Ian Narev

CBA survives shareholder lashing at AGM

The combination of the Commonwealth Bank's battered reputation and the government's Banking Executive Accountability Regime will force the nation's …

Ian Narev

Commonwealth Bank chairman apologises for AUSTRAC deficiency

<b>Commonwealth Bank chair Catherine Livingstone has apologised for the bank's “deficiency” in complying with anti-money laundering and has vowed to</b> …

Banking

Despite the ticking clock, some optimism over sterling

Analysts are more optimistic than the UK government that an agreement will be reached with the EU next month to move Brexit talks on to trade, even …

Brexit

CBA seeks M&A taskmaster to play with $976b balance sheet

Commonwealth Bank of Australia might be looking for a new chief executive and a boss of its wealth division, but you can add another role to the …

Tips and rumours

#MeToo comes to Oz ... Keneally scrubs her Twitter past ... Livingstone exits board ... The post Tips and rumours appeared first on Crikey.<br>Read more …

Bill Shorten

NAB downplays money laundering revelations

National Australia Bank has downplayed its own revelations of "issues" and "weaknesses" in complying with anti-money laundering and counter-terrorist …

Banking

These new jobs are tipped to be available in Australia in 2030

A new research by the Commonwealth Bank indicates that new types of jobs will be created in Australia. It also suggests that the nation’s skills, …

Emotions

The ASX200 is tanking

Dean Mouhtaropoulos / Getty Images<p>The ASX200 fell sharply lower at the open and a short time ago was down more than 1%.<p>The selloff has extended to …

Markets

Looking at cloud from both sides

Australia’s public cloud business is booming: the latest stats from the ABS, marking the second year in which they have been collected, show …

Move to spill Commonwealth Bank board

First Super is reportedly running a campaign to convince the industry superannuation fund sector to move to spill the board of Commonwealth Bank at …

Banking

Capabilities, not skills, keep us ahead of the machines

Top Discussion<p>Our new teachers are overworked, over-stressed and in need of urgent support.<p>Removing Special Religious Instruction (SRI) from the …

Intelligence

New report: The jobs and skills of the future

The future of work has been a central theme of my work for many years. Work sits at the very center of society, the economy, and our individual and …

One in two Australians fear young people are not equipped for jobs of the future

Kiara Salmon has adapted skills in property development to a virtual environment which allows her to take clients on tours through buildings before …

Business (Australia)

US tax uncertainty sets ASX for a flat open

Confusion around the US tax debate has SPI futures pointing to a flat open on Monday, but investors are preparing for a big week of economic data.

Economy

AustralianSuper puts CBA in the cross hairs

One of Commonwealth Bank's largest shareholders, AustralianSuper, will vote against the re-election of a veteran board member at the company's annual …

Governance

Tabcorp should have done more, says judge in Austrac case

The management of gambling giant Tabcorp should have done more to ensure the company was meeting its anti-money laundering and counter-terrorism …

Money Laundering

Tech-Heavy Asia Stocks Fall as Qualcomm Signs China Deal

U.S. chip maker <b>Qualcomm</b> (QCOM) announced on Thursday that it has signed non-binding memoranda of understandings with three Chinese handset …

Business