Commonwealth Bank-owned online stockbroking firm CommSec and a business previously owned by the bank called AUSIEX have been hit with a record $27.1 million in fines for widespread failures over a ...
The Australian Securities and Investments Commission will also hit AUSIEX – previously owned by the bank and known as CommSec Adviser Services – with a $7.1m fine for related breaches. AUSIEX is now ...
The country’s biggest broker is set to offer retail investors a chance to buy into the AI and rockets giant in what will be the world’s largest public listing.
With more than three million users, CBA-owned CommSec is by far the country’s most popular online broker. The bank states that a Commonwealth Direct Investment Account is the “preferred cash ...
The revamped CommSec platform, unveiled in July to compete with other fintechs, is drawing disdain from customers who say they have to wait days to access overseas holdings. The subsidiary of ...
Canadian-controlled TD Waterhouse Australia has finally decided to quit its discount stockbroking operations after a difficult five years, selling the division to Australia's biggest online retail ...
CommSec is taking on low-brokerage rivals with a new platform to trade shares in 13 offshore markets, as a decline in retail investor activity during the Covid era has hit revenues. The new ...
Commonwealth Bank is investing in its trading platform CommSec’s digital strategy, putting an emphasis on ease of use and personalisation. The share trading platform is searching for a technology lead ...
Three million CommSec investors face stealth cuts to their returns after CBA slashed rates on a popular account, amid other changes. With more than three million users, CBA-owned CommSec is by far the ...