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Showing 11 - 20 of 31 results for "Westpac for"

Westpac forks out $80m for AUSTRAC scandal

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
Westpac said it expects $80 million in additional expenses in FY20 as parts of its response plan in relation to the AUSTRAC scandal. The bank provided a company update to the ASX, in which it outlined its progress on its response plan for the AUSTRAC ...

Westpac served class action

JAMIE WILLIAMSON  |  WEDNESDAY, 18 DEC 2019
... saying it is determined to fix its problems. Earlier this week, APRA launched its own official investigation into Westpac for possible breaches of the Banking Act, including the Banking Executive Accountability Regime. The investigation will focus on ...

APRA joins in on Westpac scrutiny

ELIZA BAVIN  |  TUESDAY, 17 DEC 2019
APRA has launched a formal investigation into Westpac for possible breaches of the Banking Act. The prudential regulator said the investigation will focus on the conduct that led to AUSTRAC launching its criminal charges against the bank over an alleged ...

ACSI, AFIC respond to Westpac scandal

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... disappointing," Freeman said. "The outlook for them is very challenging." He explained AFIC has held a position in Westpac for a decade. "There are not too many companies in our portfolio that haven't had an issue at some point in time," Freeman added. ...

Private wealth firm grows footprint

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JUL 2019
... and principal adviser. All three are former partners and executive financial planners of Westpac. Smith served at Westpac for close to 18 years during which time he received numerous accolades, including being named as one of Australia's top 50 financial ...

Franklin Templeton names institutional business director

KARREN VERGARA  |  MONDAY, 24 JUN 2019
... and responsible manager. Prior to that, he was an associate director of fixed income, currency and commodities at Westpac for six years. "With Matthew's vast experience across distribution and investments, we are well positioned for further growth in ...

ASIC bans former AMP adviser

HARRISON WORLEY  |  MONDAY, 4 JUN 2018
... about the benefits or consequences of replacing their existing financial products. Luplau served as an employee of Westpac for five years, departing in June 2010. He joined Charter in December 2013, with ASIC confirming its investigation only examined ...

Westpac appoints new general manager

JAMIE WILLIAMSON  |  MONDAY, 9 APR 2018
... succeeds Correa who was recently appointed as general manager, Asia Pacific. "Both Didier and Michael have been with Westpac for many years so this reflects the leadership strength and depth of talent among our own ranks," Westpac Institutional Bank ...

Westpac fortifies commitment to data protection

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2017
Pointing to an increased focus on cybersecurity, Westpac increased its stake in a Canberra-based data security specialist. Westpac now holds a 16% stake in QuintessenceLabs, a 5% increase that will assist the quantum cybersecurity service provider in ...

Socially responsible XTBs hit ASX

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2016
... total of the suite to 49 and expands the range of available XTBs over bank bonds from the likes of ANZ, Macquarie and Westpac for the first time. Chief executive of ACBC Richard Murphy said the release reinforces the company's commitment to innovation ...