Published: February 05, 2019
Two days after damning royal commission report, cash profit of Australia’s biggest bank falls 2.1% to $4.676bn
Commonwealth Bank’s first-half cash profit has fallen 2.1% to $4.68bn, weighed down by Australia’s slowing property markets.
Two days after the royal commission report lashing banking culture, Australia’s biggest bank said on Wednesday that cash profit for the six months to 31 December fell from $4.87bn in the prior corresponding period after revenue fell 1.9% to $12.41bn.
Continue reading...from The Guardian http://bit.ly/2WLWtIq
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