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Showing 151 - 160 of 1417 results for %22Westpac Group%22

Barrenjoey Capital hires from FIIG

ELIZA BAVIN  |  THURSDAY, 12 NOV 2020
... FIIG she was credit officer, hedge funds and financial institutions at UBS and associate director and senior analyst at Westpac Institutional Bank. She also held several analyst roles at Macquarie Group for over six years. Barrenjoey has brought on a ...

SASB appoints Australian advisor

JAMIE WILLIAMSON  |  WEDNESDAY, 11 NOV 2020
... international institutions such as Dai-ichi Life and Temasek. Australian companies currently disclosing SASB metrics include Westpac, BHP and Transurban. SASB Investor Advisory Group member and Future Fund head of investment stewardship and ESG Joel ...

Hastings founder launches new fund

KANIKA SOOD  |  MONDAY, 9 NOV 2020
... base fees and 15% in performance fee above a benchmark of CPI plus 4%. Hastings Funds Management was formerly owned by Westpac. It was bought by British asset manager Northill Capital in late 2017, who rebranded it to Vantage Infrastructure in April ...

Pendal profits tumble 25%

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
... down 18% from 45 cents per share to 37 cents. Pendal tallied up net outflows of $6.5 billion in the year (including the Westpac money). This along with unfavorable currency movements of $2.3 billion as US dollar and British pound impacted its FUM. However ...

Westpac profits down on AUSTRAC fine

ANNABELLE DICKSON  |  MONDAY, 2 NOV 2020
... $2.6 billion, which the bank says is attributable to the $1.3 billion penalty to settle the AUSTRAC proceedings. Westpac Group chief executive Peter King noted the year has been challenging and the result for the bank is disappointing. "Our earnings ...

Westpac extends chief executive's contract

ANNABELLE DICKSON  |  FRIDAY, 30 OCT 2020
The board of Westpac has amended chief executive Peter King's employment contract, removing the initial two-year term. King confirmed he has committed to a multi-year plan to turn the company around. His other contract terms remain unchanged. Chair ...

ING announces head of wealth, chief executive

ANNABELLE DICKSON  |  FRIDAY, 30 OCT 2020
... achieved for the retail bank and its customers," he said. Prior to joining ING, Evans spent more than 16 years with the Westpac Group across St George Bank, BT Financial Group and Westpac. Evans was head of superannuation and platforms at BT before taking ...

Westpac hit with $1.2bn of losses

KARREN VERGARA  |  MONDAY, 26 OCT 2020
Westpac will be hit with $1.2 billion worth of losses mostly driven by its life insurance business and AUSTRAC penalties. The bank flagged the massive loss ahead of releasing its full year 2020 results on November 2. Goodwill and intangibles associated ...

APRA, ASIC release life insurance stats

ELIZABETH MCARTHUR  |  TUESDAY, 20 OCT 2020
... Zurich were all above that average (CommInsure had the highest claims acceptance rate at 89%). Asteron, OnePath, TAL and Westpac were below the industry average. OnePath had the slowest average claim time among the insurers, with claims through a financial ...

New property fund launches

ELIZABETH MCARTHUR  |  FRIDAY, 16 OCT 2020
... build on the property development experience of the Buxton family. Fowler will step into the chair position and former Westpac director and head of real estate Chris Moyle has been appointed chief investment officer. Former Westpac property valuer Rob ...