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Showing 91 - 100 of 2738 results for %22Westpac Bank%22

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
In an unprecedented move, ASIC has commenced six civil penalty proceedings against Westpac for widespread compliance failures in its banking, wealth, superannuation and general insurance businesses. The six matters filed relate to charging fees to deceased ...

InvestSMART launches ethical product

ANNABELLE DICKSON  |  THURSDAY, 18 NOV 2021
... are excluded from the criteria. The current top holdings in the fund are CSL, Commonwealth Bank, Apple, Microsoft and Westpac. The offer opened on November 15 and closes on November 26. The minimum investment is $10,000 with management fees capped at ...

BT confirms changes to super business

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... understood. However, the spokesperson said the process of reviewing the super business is ongoing. "We have been very open that Westpac does not believe it is the long-term natural owner of the superannuation business and we have previously said we are ...

Aussie dividends recover losses

ANNABELLE DICKSON  |  MONDAY, 15 NOV 2021
... Bank hiked its dividends to within one eighth of its previous levels and ANZ following closely behind. Meanwhile, NAB and Westpac also increased their dividends. Full-year dividends are expected to be just 15% lower than their pre-pandemic level across ...

Economic recap: Week to November 12

BENJAMIN ONG  |  MONDAY, 15 NOV 2021
... profitability, employment). Better, business confidence jumped by 11 points to a reading of +21 in October. This is backed by the Westpac-Melbourne Institute index of consumer sentiment update that showed the index improving to a reading of 105.3 in ...

Millennials fastest growing SMSF cohort

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
... AUSIEX reported the top 10 most traded stocks for its SMSF segment are heavily weighted towards blue chips, including: BHP, Westpac, CBA, NAB, Woodside Petroleum, CSL, ANZ, Fortescue Metals, Macquarie Bank, and Telstra. It also reported SMSF accounts ...

Shaw and Partners appoints sales lead

JAMIE WILLIAMSON  |  MONDAY, 8 NOV 2021
... business at Franklin Templeton. Throughout his career he has also held senior roles with the likes of Ignition Advice, Westpac and J.P. Morgan. In the new role, he will work closely with investment and sales teams across Asia, North America, Europe and ...

Westpac profit jumps 138%

KARREN VERGARA  |  MONDAY, 1 NOV 2021
Westpac reported a whopping 138% jump in statutory profit to $5.5 billion in its full-year September 2021 results. The bank attributed the earnings jump to a combination of turning around impairment charges and growing its mortgages, institutional and ...

CBA pleads guilty to selling junk insurance

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
... insurance through cold calls, secured over $250 million in remediation for customers and has taken civil action against Westpac," Court said. "Today we add criminal proceedings against CBA. These interventions were necessary because the industry did ...

Westpac director stands down

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
... non-executive director at the big four bank has resigned from the board to focus on his health. Steven Harker joined the Westpac board in 2019 and was a member of the audit, board legal, regulatory and compliance and remuneration committees. "The time ...