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Westpac profit climbs, executive leavesBY ANNABELLE DICKSON | MONDAY, 3 MAY 2021 11:57AM
Westpac has signalled its recovery from the pandemic with cash earnings increasing by 256% to $3.5 billion over the last 12 months, as it looks to reduce costs by 2024 and farewells a key executive.
Read more: BT, David McLean, Peter Gardner, Peter King, Plato Investment Management, Simon Power, Westpac Institutional Bank, Westpac Pacific
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IOOF has appointed ClearView's chief risk officer to a newly created role, with ClearView nabbing the former chief of risk for Commonwealth Bank's wealth management arm.
Verve Super has launched a gender diversity index and will subsequently change how it allocates members' funds based on how Australian companies perform against the index.
Plenary has bolstered its funds management business, nabbing seven professionals who all worked on one AMP Capital fund.
The corporate regulator is fighting tooth and nail to make National Australia Bank pay a hefty penalty for charging customers fees in return for no service.
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