Commonwealth Bank: Matt Comyn warns of increased competition and implications for the financial system
Commonwealth Bank: Matt Comyn warns of increased competition and implications for the financial system
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Commonwealth Bank: Matt Comyn warns of increased competition and implications for the financial system

James Thomson 🕒︎ 2025-11-11

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Commonwealth Bank: Matt Comyn warns of increased competition and implications for the financial system

After a week spent watching his three big rivals try to sell their strategic stories, Commonwealth Bank chief executive Matt Comyn has delivered a typical CBA trading update. There’s no massive technology repair/catch-up here, as there is at Westpac. There are no lingering questions about market leadership or capital levels, as there are at NAB. There’s no scepticism over a five-year turnaround plan that will require superhuman levels of execution, as there is at ANZ.

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