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banking industry

Commonwealth Bank poised for dividend rise

The first half dividend is expected to be raised by as much as 23c a share when Commbank reports a much improved net profit of $2.9 billion for the six months to December 31 on Wednesday. After a tough 18 months in the wake of the global financial crisis, the country's biggest bank by market

Commonwealth Bank poised for dividend rise

The first half dividend is expected to be raised by as much as 23c a share when Commbank reports a much improved net profit of $2.9 billion for the six months to December 31 on Wednesday. After a tough 18 months in the wake of the global financial crisis, the country's biggest bank by market

CommBank"s surprise packet

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The first-half dividend is expected to be raised by as much as 23¢ a share when CommBank reports a much improved net profit of $2.9 billion for the six months to December 31, 2009, on Wednesday. After a tough 18 months in the wake of the financial crisis, the country's biggest bank by market
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CommBank"s surprise packet

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THE Commonwealth Bank's army of small shareholders are likely to be rewarded with their first increase in the interim dividend for two years despite the board's insistence it could no longer guarantee higher payouts. The first-half dividend is expected to be raised by as much as 23¢ a
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Parts of banking sector still nervous

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AAP Parts of the banking sector are still nervous despite the passing of the worst of the global financial crisis, chairman of the Bendigo and Adelaide Bank Ltd Rob Johanson says. Mr Johanson told the ABC's Inside Business program that the world was not "out of the woods" yet. "I
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JPMorgan"s Dimon scores $16M bonus

In a company filing with the Securities and Exchange Commission Friday, the New York City-based bank said Dimon would collect nearly 200,000 shares of restricted stock and more than a half million in options. According to a source familiar with the matter, Dimon did not receive a cash bonus.