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Financial

Banking

CommBank

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CommBank

Australia

1911 (114 Years)

56 Reviews

Safe

3.23/5

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Traffic & Engagement

5.00

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Security Information

Warning

This company is currently unproved. Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

Security Information

Warning

This company is currently unproved.

Please be cautious of the potential risks!

News

TrustFinance Intelligence Agency

Research date: Thg 07 28, 2024

The content provides a comprehensive guide on when and why to sell shares, including reasons such as rebalancing the portfolio, meeting financial needs, taking profits, risk reduction, deteriorating fundamentals, tax-loss harvesting, and divestment for ethical reasons. It also covers tips on which shares to sell first, reasons not to sell shares based on emotional reactions or short-term fluctuations, and the process of selling shares in Australia. The article emphasizes the importance of making informed decisions based on research, long-term goals, and seeking professional advice when needed.

The content provides a comprehensive guide on when and why to sell shares, including reasons such as rebalancing the portfolio, meeting financial needs, taking profits, risk reduction, deteriorating fundamentals, tax-loss harvesting, and divestment for ethical reasons. It also covers tips on which shares to sell first, reasons not to sell shares based on emotional reactions or short-term fluctuations, and the process of selling shares in Australia. The article emphasizes the importance of making informed decisions based on research, long-term goals, and seeking professional advice when needed.

The Commonwealth Bank of Australia (aka CommBank or CBA) is the country's largest banking institution with approximately 15.9 million customers and more than 800,000 shareholders. At the time of writing, CommBank's market cap was approximately $169.98 billion and costs $101 per share. CommBank's share price took a hit in 2020 due to COVID-19 but has since regained ground. Investors can buy and sell CommBank shares through an ASX participant broker or online share trading platform. It's important to assess market knowledge, compare trading platforms, open and fund a brokerage account, decide on an investment strategy, place an order for shares, and regularly review performance. Shareholders can attend annual general meetings for updates on performance. Selling shares is similar to the buying process, and investors should monitor investments and portfolio diversification. CommBank shares were valued at approximately $101 per share at the time of writing. CommBank provides share trading services, including a micro-investing platform, CommSec Pocket. Investors should consider past performance, potential risks, and market trends before investing in CommBank shares.

The Commonwealth Bank of Australia (aka CommBank or CBA) is the country's largest banking institution with approximately 15.9 million customers and more than 800,000 shareholders. At the time of writing, CommBank's market cap was approximately $169.98 billion and costs $101 per share. CommBank's share price took a hit in 2020 due to COVID-19 but has since regained ground. Investors can buy and sell CommBank shares through an ASX participant broker or online share trading platform. It's important to assess market knowledge, compare trading platforms, open and fund a brokerage account, decide on an investment strategy, place an order for shares, and regularly review performance. Shareholders can attend annual general meetings for updates on performance. Selling shares is similar to the buying process, and investors should monitor investments and portfolio diversification. CommBank shares were valued at approximately $101 per share at the time of writing. CommBank provides share trading services, including a micro-investing platform, CommSec Pocket. Investors should consider past performance, potential risks, and market trends before investing in CommBank shares.

The website provides information for residential brokers interested in working with CommBank. It offers details on becoming accredited, turnaround times, serviceability calculator, and post-settlement support tools. It also outlines the requirements for transferring accreditation and obtaining an Australian Credit Licence (ACL) with CommBank. The site emphasizes dedicated support, solution-focused lending, transparent pricing, and simpler digital experiences for brokers. It also highlights tools like My Property, the CommBank app, and Money Plan for customers. The content includes information on the application process, criteria, and timelines. Disclaimer information and quick links to security, support, financial assistance, and other important sections are provided at the bottom of the page.

The website provides information for residential brokers interested in working with CommBank. It offers details on becoming accredited, turnaround times, serviceability calculator, and post-settlement support tools. It also outlines the requirements for transferring accreditation and obtaining an Australian Credit Licence (ACL) with CommBank. The site emphasizes dedicated support, solution-focused lending, transparent pricing, and simpler digital experiences for brokers. It also highlights tools like My Property, the CommBank app, and Money Plan for customers. The content includes information on the application process, criteria, and timelines. Disclaimer information and quick links to security, support, financial assistance, and other important sections are provided at the bottom of the page.

The website content provides information about the Commonwealth Direct Investment Account (CDIA) offered by CommSec for trading shares. It explains the benefits of using the CDIA, the fees associated with it, and how to open a CDIA account. The CDIA offers lower brokerage fees, the ability to earn interest on cash balances, and easy access to funds for trading. It also compares the CDIA to using a personal cash account, highlighting the advantages of the CDIA. The content includes details on how to transfer shares to a CDIA account and the process of opening a CDIA account. Overall, the website content is informative for individuals interested in trading shares through CommSec's CDIA account.

The website content provides information about the Commonwealth Direct Investment Account (CDIA) offered by CommSec for trading shares. It explains the benefits of using the CDIA, the fees associated with it, and how to open a CDIA account. The CDIA offers lower brokerage fees, the ability to earn interest on cash balances, and easy access to funds for trading. It also compares the CDIA to using a personal cash account, highlighting the advantages of the CDIA. The content includes details on how to transfer shares to a CDIA account and the process of opening a CDIA account. Overall, the website content is informative for individuals interested in trading shares through CommSec's CDIA account.

The Commonwealth Bank of Australia (CBA) has increased the bonus caps for its bankers from 50% to 80% of base pay to prevent them from leaving to become brokers. The move follows a drain of talent to the broker channel. The Australian Securities & Investments Commission (ASIC) expressed disappointment with the decision, citing concerns about conflicts of interest and misconduct. CBA defended the decision, stating that it has enhanced its risk frameworks. The lender emphasized the importance of the broker channel in its strategy. CBA has been focusing on proprietary channel mortgages through CBA and broker-written loans through its subsidiary Bankwest. The lender is seeking to retain its bankers while acknowledging the critical role of brokers in its strategy.

The Commonwealth Bank of Australia (CBA) has increased the bonus caps for its bankers from 50% to 80% of base pay to prevent them from leaving to become brokers. The move follows a drain of talent to the broker channel. The Australian Securities & Investments Commission (ASIC) expressed disappointment with the decision, citing concerns about conflicts of interest and misconduct. CBA defended the decision, stating that it has enhanced its risk frameworks. The lender emphasized the importance of the broker channel in its strategy. CBA has been focusing on proprietary channel mortgages through CBA and broker-written loans through its subsidiary Bankwest. The lender is seeking to retain its bankers while acknowledging the critical role of brokers in its strategy.