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Westpac bank to pay record Australian fine over laundering breaches
2020-09-24 03:14:38| BBC News | Business | UK Edition
Westpac failed to adequately report 19 million transactions, some allegedly linked to child exploitation.
Commonwealth Bank offers to pay record fine in laundering case
2018-06-04 03:35:57| BBC News | Business | UK Edition
Australia's largest lender was accused of breaching money laundering and terror financing laws.
Australia's Commonwealth Bank posts record profits
2016-08-10 03:04:22| BBC News | Business | UK Edition
Australia's biggest lender, the Commonwealth Bank of Australia, posts a seventh consecutive record profit of A$9.2bn.
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Commonwealth Bank posts record $9.14b profit, seeks to raise $5b
2015-08-12 02:47:34| Automakers - Topix.net
Commonwealth Bank of Australia has launched a $5 billion rights issue to boost capital in response to regulatory pressure and has posted a full-year cash profit of $9.14 billion, up 5 per cent and the largest-ever profit by an Australian bank. CBA shares are in a trading halt ahead of the raising, which will boost CBA's closely watched common equity tier 1 capital ratio to 10.4 per cent, lifting it back to the top of the big bank pack.
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Deutsche Bank hit with record fine
2015-04-23 14:30:02| BBC News | Business | UK Edition
Deutsche Bank is fined a total of $2.5bn (1.66bn) by US and UK regulators for trying to manipulate interest rates.