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SBS On the Money: CBA CEO Matt Comyn on record profits, pay, interest rates, AI and the economy
SBS On the Money
English - August 09, 2023 07:35 - 16 minutes - 15.4 MBInvesting Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: SBS On the Money: Reporting season preview & how businesses are dealing with rising costs
Next Episode: CEO SERIES: Marnie Baker, Bendigo and Adelaide Bank CEO
The Commonwealth Bank has delivered a record full-year cash profit of $10.16bn. SBS Finance Editor Ricardo Gonçalves speaks with CEO Matt Comyn for his take on the results, the bank's future and the way it is navigating the slowing economy. Plus, James Gerrish from Shaw and Partners goes through the sharemarket reaction, along with news of a ratings downgrade for US mid-sized banks and what Chinese deflation means for investors