CommBank offers a wide range of financial services in Australia, including retail, premium, business and institutional banking, funds management, superannuation, insurance, investments and sharebroking. Customers use accounts, loans, investments and insurance, supported by digital tools and advisory services, to manage money and plan for the future across multiple channels. The bank differentiates itself with its size and scope in the Australian market, having over 800,000 shareholders and more than 52,000 employees under one umbrella. Its goal is to help all Australians build and manage their finances and engage with customers and communities.
Company Size
10,001+
Company Stage
IPO
Headquarters
Sydney, Australia
Founded
1911
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Health Insurance
401(k) Retirement Plan
Remote Work Options
Flexible Work Hours
Paid Vacation
Paid Holidays
Company Equity
Wellness Program
Mental Health Support
Conference Attendance Budget
Professional Development Budget
Stock Options
Parent?
PTO?
Commonwealth Bank of Australia has issued £1 billion in floating rate covered bonds under its $40 billion covered bond programme. The Series 140 bonds mature in July 2030 and are guaranteed by Perpetual Corporate Trust Limited as trustee of the CBA Covered Bond Trust. The bonds are listed on the London Stock Exchange. They feature a floating rate structure, with coupon payments adjusting according to a reference benchmark rate throughout the term. The issuance represents a significant sterling-denominated funding initiative by the Australian bank. Sterling covered bond issuances have traditionally provided major Australian banks access to UK and European institutional investors, helping diversify funding sources and manage liability durations.
Growth investment supports Xpansiv’s M&A strategy, international expansion, and product development
Sydney-born, New York-based energy trading firm Xpansiv has completed a capital raising in Europe. The company, which is eyeing an initial public offering, already counts Blackstone, Macquarie, Commonwealth Bank of Australia, Goldman Sachs, Aware Super and Aramco Ventures among its backers. The capital raising is designed to support growth in Australia and globally. Xpansiv's founders argue the energy market is undergoing a significant global shift, driven partly by the artificial intelligence boom. The company's blue-chip share register reflects growing investor interest in energy trading platforms amid rapidly changing global energy markets.
Commonwealth Bank of Australia has issued US$1.25 billion in subordinated notes, according to a 16 September 2026 regulatory disclosure. The subordinated debt, which ranks below senior debt in creditor claims, typically qualifies as Tier 2 regulatory capital under Basel III framework requirements. The bank filed complete documentation with the Financial Conduct Authority's National Storage Mechanism, ensuring compliance with UK transparency standards for listed securities. The US dollar denomination allows the Australian banking institution to access international capital markets and diversify its funding sources beyond domestic instruments. Specific terms including coupon rates, maturity dates, and allocation of proceeds were not disclosed in the announcement. Investors can access full issuance details through the London Stock Exchange's Regulatory News Service platform.
FECCA partnering with CommBank to deliver its National Conference in Canberra. FECCA is proud to be partnering with CommBank to deliver its National Conference in Canberra on 14 to 16 October Prerana Mehta, CEO, FECCA, said: "FECCA is thrilled to have CommBank partner with FECCA and contribute to the important conversations shaping multicultural Australia. CommBank has long supported people from many cultures and communities through life's important moments, including many who have chosen to make Australia their home. FECCA look forward to working together to celebrate the stories, contributions and aspirations of multicultural communities." Monica Wegner, Executive General Manager, Everyday Banking, CommBank, said: "FECCA is proud to support FECCA and the important work it does to champion multicultural communities across Australia. As Australia's largest bank^, nearly one in two new migrants to Australia trust CommBank with their banking needs*, giving FECCA the privilege of supporting its customers with a tailored onboarding experience and helpful resources as they establish and build their lives here. FECCA look forward to listening, learning and working alongside communities to better understand their needs, celebrate their contributions and help create brighter futures for everyone who calls Australia home." *ASX market capitalisation rankings showing CBA as the largest Australian bank by market value in 2026. ^CommBank 2026 Annual Report, page 29.