Finance News – Cba
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ASX declines as CBA and AGL shares slump; Miners, Tyro advance
The Australian stock market fell as major financial and energy companies experienced notable losses, while mining and financial technology sectors saw gains, reflecting mixed inves...
Read Full Article →CBA market value takes $15 billion hit despite record profits
Despite achieving record profits, the recent decline in CBA's share price led to a substantial reduction in its overall market capitalization, prompting concern among investors and...
Read Full Article →‘Do the right thing’: ASIC raises pressure on CBA over refund refusal
The corporate regulator’s increased scrutiny on the nation’s largest bank regarding disputed fees highlights potential financial liabilities and regulatory risks that could impact...
Read Full Article →CBA replaces dozens of call centre jobs with AI chatbot
The implementation of an AI chatbot by a major Australian company has led to the reduction of 45 positions in its customer support centres, reflecting cost-saving measures through...
Read Full Article →CBA, JPMorgan, ASX and HQLAX form consortium for RBA's tokenised asset market pilots
Several major financial institutions have collaborated on a collaborative initiative to explore innovative technologies intended to enhance efficiency and liquidity in Australia's...
Read Full Article →CBA is now worth over $300 billion, but the experts are cautious
The recent increase in CBA’s market value to more than $300 billion highlights its strong financial position, although several analysts remain wary about the future performance of...
Read Full Article →CBA profits rise, chief says Australia can navigate ‘heightened’ global risks
The bank reported a significant increase in earnings during the March quarter, while its leader expressed confidence in the country's ability to manage ongoing international econom...
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