Commonwealth Bank of Australia, or CBA, warned on Wednesday that it may cut future dividends after bad debts rose almost five-fold to 1.6 billion Australian dollars, or $1.05 billion, in the first half on loans to failed companies including ABC Learning Centres Ltd.
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Commonwealth bank of Australia warns over dividends
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Jpmorgan Chase slashes dividend to 5 cents
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Boart Longyear refinances bank debt
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Bad credits eat up bank profits
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CBHA sees funding cuts
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How debt can affect business
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Banks face 'massive losses'
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UBS warns of losses on real estate
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Aussies dipping into their savings accounts more than last year
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Aussie market receives negative leads
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RBA lowers cash rate by 25 basis points
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Sterling Bancshares cuts dividend by 63%
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Australian Reserve Bank leaves cash
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Australia cuts rates
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Aussie stock market likely to decline
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Commonwealth Bank launches new investment service
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Mortgage lending 'could fall by half this year'