ABU DHABI/WAM On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. ...
Read More »Commonwealth Bank’s record-profit run ends on series of scandal costs
Bloomberg Commonwealth Bank of Australia’s record-profit run is over after the nation’s biggest lender paid the price for a series of scandals and missteps. Cash profit from continuing operations fell 4.8 percent to A$9.23 billion ($6.85 billion) in the 12 months ended on June 30, the Sydney-based lender said in a statement. That was the first drop in annual profit ...
Read More »