Commonwealth Bank

AIA to acquire Commonwealth Bank’s Australia, New Zealand life insurance businesses

AIA Group has signed an agreement with the Commonwealth Bank of Australia (CBA) to acquire its life insurance businesses in…

Commonwealth Bank to refund $8m for unsuitable consumer credit insurance

Commonwealth Bank has been ordered by the Australian Securities and Investments Commission (ASIC) to reimburse about AUD10m ($7.87m) to more…

Commonwealth Bank mulls to offload life insurance business

Australia-based Commonwealth Bank has confirmed that it is in discussions with third parties to offload life insurance business in Australia…