trending Market Intelligence /marketintelligence/en/news-insights/trending/3VGMmx2mlPK1fdlhbgEolw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

CBA to pay back A$53.1M to current, former employees

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

CBA to pay back A$53.1M to current, former employees

Commonwealth Bank of Australia said it will pay back a total of A$53.1 million to its former and current employees as part of its ongoing review of entitlements, including pay, allowances and leave, for full-time, part-time and casual employees.

The bank has already notified or repaid about 41,000 current and former employees approximately A$13.2 million. It said it will start payments of a further A$14.9 million to current and former employees.

CBA expects the remaining payments to be approximately A$25 million.

The bank said the review is substantially complete and will be finalized in the fiscal year. The review was started in 2018 as part of a broader program of work to strengthen control and the bank identified a range of discrepancies during the review.