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| | | 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. Westpac will reduce its stake in the funds management business ... |
| | | | A shake-up of Westpac's leadership team and new institutional sales head at Bennelong are the biggest moves this week. Westpac restructure sees senior exec depart - Group executive of retail and business banking, Jason Yetton, is leaving the bank as ... |
| | | | ... Victoria, South Australia, Western Australia and Tasmania; Chad Brookes, coming from various financial planning roles at Westpac, will oversee the New South Wales region. Australian Unity head of retail distribution Damen Purcell commented on the appointments ... |
| | | | A Westpac financial adviser has left the group to start his own private wealth firm, licensed under Securitor. David Simon has set up Integral Private Wealth, which will provide wealth management services under BT Financial Group-owned Securitor. Simon ... |
| | | | ... fairly steady both here and in the US despite the process resuming last night of bond yields rising." Among the banks, Westpac had lost 20 cents to $31.15, Commonwealth Bank had fallen 13 cents to $79.69, ANZ shed seven cents to $31.09 but National Australia ... |
| | | | A senior Westpac executive has left the bank following a significant restructure of the management team. Jason Yetton, group executive of retail and business banking is leaving as two new divisions are created. The new consumer bank division will be ... |
| | | | ... little-changed as a the General Electric asset sale offset worries about spiking US Treasury bond yields. Locally on Wednesday, the Westpac/Melbourne Institute Survey of Consumer Sentiment and the ANZ-Roy Morgan weekly consumer confidence survey are ... |
| | | | ... strategies to institutional investors. Prior to joining GSFM, Vivienne Lee held positions at Perennial, BT, State Street and Westpac. "Vivienne's appointment will help ensure we are constantly in front of, and servicing, clients and prospects at the ... |
| | | | ... gained 49 cents to $57.23 and Fortescue Metals was up 5.5 cents at $2.335. Commonwealth Bank added once cent to $80.55, Westpac was up eight cents to $31.48, but National Australia Bank was down 30 cents at $32.02 and ANZ fell 19 cents to $31.31. NAB ... |
| | | | ... FUMA rose by 15.8% to $179 billion.A National Australia Bank (NAB) led this growth, increasing by 24.7% to $18.1 billion. Westpac recorded a 20% rise to $39.2 billion. Among the MySuper and default investment options, DEXX&R showed that in the March ... |
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