Commonwealth Bank of Australia

National Australia Bank posts 8% increase in Q1 cash profit

National Australia Bank posted an 8% increase in its quarterly cash profit helped by robust results in wealth sector and rise in lending volumes.

Read Full Article

Australia sets additional capital requirements for big banks

Australia's systemically important "Big Four" banks will be required to set aside an extra 1 percent of equity capital to protect against the kind of turmoil seen during the global financial crisis under new regulations announced on Monday.

Read Full Article

Australia's CFS inks $460M deal to acquire CBA business

CFS Retail Property Trust Group has entered an agreement to pay $460 million to acquire the integrated retail asset management business of the Commonwealth Bank of Australia (CBA).

Read Full Article

Dexus Property Group says no to GPT Group's offer for office trust

Dexus Property Group said it will not accept the the AUD 1.27 a share offer from the GPT Group for the Commonwealth Property Office Fund of the Commonwealth Bank of Australia.

Read Full Article

Dexus Property and Canada Pension Plan Investment Board purchase office trust from Commonwealth Bank of Australia

Dexus would be managing one fourth of commercial buildings in Sydney upon the takeover by CCPIB of the office trust held by the Commonwealth Bank of Australia.

Read Full Article

News Corp secures USD 650 million revolving credit line

News Corp received a five-year revolving line of credit amounting to USD 650 million.

Read Full Article

CBA plans to exit real estate business

The Commonwealth Bank of Australia announced plans to exit the real estate business.

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics