CommBank emerges with multi-billion dollar profit
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Commonwealth Bank is the first financial institution to be charged with a crime stemming from the banking royal commission. Its insurance arm CommInsure is accused of illegally selling products over the phone and faces almost $2 million in fines. www.7NEWS.com.au #Banking #7NEWS | 7NEWS Sydney
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Australia's largest bank is readying itself for an AI future, announcing a $90 million program to help staff prepare for the changing workplace. The bank also announced yesterday it will cut 300 jobs. 7.30’s Sarah Ferguson interviews Commonwealth Bank CEO Matt Comyn. | 7.30
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