The latest issue of Financial Standard now available as an e-newspaper
Westpac to raise capital by divesting BTIM stakeBY LAURA MILLAN | TUESDAY, 16 JUN 2015 10:40AM
Westpac Group will sell half of its stake in BT Investment Management (BTIM) to institutional and retail investors in a move that will raise up to $700 million and bolster its capital position.
Read more: BTIM, Investment, Westpac Group, BT Investment Management, Brad Cooper, BT Financial Group, BTIM shareholders, BTIM shares, July 10, July 16, June 16, June 17, June 18, June 22, Peter King
|Sponsored by iShares|
Invest for the long term with iShares ESG ETFs.
The $12 billion industry fund is upping insurance premiums from November.
A former Goldman Sachs executive will join Ord Minnett as head of equities in December.
In a win for financial advisers, the Design and Distribution Obligations (DDO) regime will scrap the nil-reporting rule.
ME Bank has appeared in Federal Court, facing criminal charges for allegedly making false and misleading representations in letters to its home loan customers.
|Brought to you by|