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Showing 1 - 10 of 52 results for "Peter King"

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... know customers prioritise paying their mortgage while cutting back their spending elsewhere," Westpac chief executive Peter King said. The Specialist Businesses Division, which operates BT Panorama, Westpac Pacific, margin lending, and retail auto finance ...

Westpac closes Specialist Businesses Division

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2023
... redeploying its lead Jason Yetton. The bank has restructured in support of its next strategic phase, chief executive Peter King said. While the restructure primarily includes introducing dedicated group executives for consumer banking and business banking ...

RBA deputy governor joins Westpac

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
... for International Settlements. "We are delighted to welcome Luci to Australia's oldest bank," Westpac chief executive Peter King said. "Luci is a highly qualified and respected economist who will build on Bill's legacy of providing quality economic forecasts ...

Mercer scoops up third BT business unit

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... sale of Advance Asset Management. Westpac's overall net profit surged 22% to $4 billion. Westpac chief executive Peter King said: "Our first half result reflects the progress we've made in becoming a simpler, stronger bank. Disciplined cost and ...

Westpac updates on strategic priorities

CASSANDRA BALDINI  |  MONDAY, 7 NOV 2022
... up 4% to $5.69 billion and reported its fully franked final dividend at 64 cents per share. Westpac chief executive Peter King commented on the results, saying: "With the design phase complete, our focus is now on implementing the changes to drive sustainable ...

Westpac reports $3.1bn in cash earnings

ANDREW MCKEAN  |  MONDAY, 9 MAY 2022
... to the second half of 2021. However, this reduction included the axing of over 4000 workers. Westpac chief executive Peter King said that the bank has made steady progress and is making the changes required to become simpler and stronger. "Our balance ...

Westpac shuffles executives

ELIZABETH MCARTHUR  |  THURSDAY, 3 FEB 2022
... Fannie Mae in New York where he is currently chief risk officer and executive vice president. Westpac chief executive Peter King said Zanin will be charged with driving a risk transformation at Westpac. "Ryan is a proven risk leader with extensive risk ...

Shareholders reject Westpac remuneration report

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
Disgruntled Westpac shareholders rejected the remuneration report at the bank's annual general meeting yesterday. Twenty-nine percent of shareholders voted down adopting the remuneration report, marking the first strike. Should 25% or more shareholders ...

Backlash after 'unprecedented' ASIC action against Westpac

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
... against it by ASIC. Slater and Gordon Lawyers is calling on Westpac to 'walk the talk', after Westpac's chief executive Peter King said the bank remains committed to remediating past issues. The settlement for the six ASIC cased did not include an ASIC ...

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
... to the court that combined penalties of $100 million are appropriate, it said. Responding, Westpac chief executive Peter King said the bank has been cooperating with ASIC throughout its investigations and acknowledged that, in each circumstance, Westpac ...
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