Commonwealth Bank Profit Up 14% on Impairments Fall

Feb. 12 (Bloomberg) -- Commonwealth Bank of Australia reported a 14 percent rise in first-half profit from a year earlier to a record on lower bad debt charges and growth in home lending. Paul Allen runs through the numbers on Bloomberg Television's "First Up." (Source: Bloomberg)
Why Is Winning Over Investors
30:47 - Hedge funds have boosted their ownership in to 18 percent as of the end of June from 1.2 percent in the third quarter of last year, according to data in publicfilings compiled by Bloomberg. Wedbush Securities Analyst Gil Luria speaks on "Bloomberg Markets." (Source: Bloomberg)
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