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Showing 1 - 10 of 35 results for "Westpac for"

AustralianSuper names chief financial officer

MATTHEW WAI  |  FRIDAY, 21 NOV 2025
... for cash and transactional banking and insurance businesses (life, general and lender's mortgage insurance) at Westpac for over eight years before joining QBE Insurance in April 2024. Commenting, Chen said she is looking forward to joining the super ...

APRA lifts final Westpac capital add-on

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
... as a result of its poor risk governance self-assessments. At the end of 2019, APRA slapped another $500 million on Westpac for more fundamental deficiencies in its risk management framework, this time relating to anti-money laundering. In October of ...

ASX taps Westpac NZ chief risk officer

MATTHEW WAI  |  FRIDAY, 31 JAN 2025
... the Bank of New Zealand between 2018 and 2020. Before that he was based in Sydney and held senior titles in NAB and Westpac for over 12 years. He also enjoyed various stints at Microsoft, the Boston Consulting Group and Capital One Financial Corporation ...

ASIC bans adviser who misled TPB

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2024
... was an executive financial planner at Professional Wealth Services and, before that, was a financial planner with Westpac for more than 12 years.

Westpac loses Ausgrid rate swap case

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... majority stake in Ausgrid, purchased from the NSW government. In May 2021, ASIC commenced civil proceedings against Westpac for insider trading, unconscionable conduct, and breaches of its obligations as an AFSL. With the deal between the state government ...

Financial hardship neglect lands Westpac in court

KARREN VERGARA  |  TUESDAY, 5 SEP 2023
ASIC is suing Westpac for neglecting more than 200 customer hardship requests over seven years, for which the bank blames "technology failure". ASIC commenced civil penalty proceedings in the Federal Court, alleging that Westpac failed to respond to ...

Backlash after 'unprecedented' ASIC action against Westpac

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
... banned and commercially destroyed." In an unprecedented move, ASIC commenced six civil penalty proceedings against Westpac for widespread compliance failures on November 30. The six matters filed related to charging fees to deceased customers; distributing ...

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 ...

Energy leads top stock picks: Morningstar

ANNABELLE DICKSON  |  THURSDAY, 7 OCT 2021
... rates are set to increase interest margins and profits for major banks. From the sector, Morningstar's top picks were Westpac for its high-quality loan book, Challenger as it trades at an attractive discount to fair value estimate and Magellan Financial ...

Westpac to face court over insider trading

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAY 2021
ASIC has commenced civil proceedings against Westpac for insider trading on a $12 billion deal with AustralianSuper and a group of IFM entities. Westpac will face off against the regulator in the Federal Court on allegations of insider trading, unconscionable ...
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