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Showing 121 - 130 of 952 results for westpac financial group

Westpac offloads vendor finance business

ALLY SELBY  |  FRIDAY, 21 AUG 2020
Westpac has sold its vendor finance business to a New York-headquartered private equity firm, in the first sale from the bank's strategic review stable. Cerberus Capital Management has acquired Westpac's Strategic Alliances, with the equipment ...

Westpac ditches dividend

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
Westpac has become the first of the big four banks to not deliver a dividend in its first half results as it reported a net profit of $595 million and revealed it anticipates further enforcement action from ASIC. Westpac chief executive Peter King said ...

AMP, CBA, Westpac face potential class action

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
The financial advice arms of AMP, Commonwealth and Westpac are all facing a potential class action from law firm Piper Alderman. The law firm is calling on any customers who have acquired, renewed or continue to hold a financial product on recommendation ...

Former BNY Mellon IM country head joins Westpac

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
... after five years with the firm. In his new role, he will work as a director, global investment services New South Wales at Westpac. He reports to Mark Sherwood, Westpac's state director of global investment services for New South Wales and Victoria. ...

Partners Group hires from GSFM

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
... largest players. Post Hayne Royal Commission, we have seen significant industry consolidation as evidenced by ANZ and Westpac exiting the space completely and observed that the business models of CBA and NAB/MLC are still evolving...we concluded that ...

AMP, BT and CBA to face class action

ELIZABETH MCARTHUR  |  FRIDAY, 31 JUL 2020
... Planning advisers is being called on to join the class action along with anyone who held BT Super for Life, BT Super for Life Westpac Group, BT SuperWrap, BT SuperWrap Essentials, BT Panorama Super or BT Superannuation Invest Fund plans between 2014 ...

Westpac announces appointment, departure

ALLY SELBY  |  TUESDAY, 28 JUL 2020
Westpac has announced a new chief operating officer will join its ranks, while a group executive will leave the bank early next year. Scott Collary has nabbed the role and will lead Westpac's newly created group operating office, as the bank brings ...

European robo-adviser eyes Australia, taps Westpac exec

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... solutions solely on the B2B space, targeting established wealth managers, platforms and industry funds," Smith told Financial Standard. "Our goal here is quite simple; provide the latest open architecture available in the world to accelerate these businesses ...

Westpac nabs Deutsche Bank executive

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
Westpac has named a new head of institutional banking, hiring from the executive team of Deutsche Bank Australia and New Zealand. Anthony Miller has been appointed chief executive of Westpac Institutional Bank, moving from his current position as chief ...

Six Park eyes advisers, appoints head

KANIKA SOOD  |  MONDAY, 20 JUL 2020
... over 20 years of experience in the financial services sector and has worked across AustralianSuper, BT Financial Group, Westpac and Mariner Funds Management. "More and more adviser groups and wealth management firms are seeking efficient ways to implement ...