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Showing 301 - 310 of 2772 results for "Westpac 16,500"

12 charged in $17m fraud

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
A joint-agency investigation into an elaborate $17 million fraud has resulted in charges against 12 people. Australian Federal Police (AFP) investigators executed search warrants at 10 locations across Sydney, nine in south-east Queensland and two in ...

Six Park eyes advisers, appoints head

KANIKA SOOD  |  MONDAY, 20 JUL 2020
Six Park has hired a former AustralianSuper and BT Financial Group business development and partnerships team member, as it looks to tap into adviser groups, platforms and other B2B channels. Ha-Dieu Ford has joined its management team as the head of ...

Westpac found to be immature, reactive

ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
Westpac publically released the findings from its Culture, Governance and Accountability (CGA) Reassessment Report, which labelled the bank "immature" and "reactive". The bank first completed a self-assessed CGA back in November 2018, however decided ...

Chief economist update: Flattening the rebound

BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2020
The earlier than expected easing of restrictions in Australia that defrosted social and commercial activity has had their desired effect - rebounding business conditions and confidence - and the feared one -- a second wave. The NAB monthly business ...

Westpac names chief financial officer

ELIZA BAVIN  |  TUESDAY, 14 JUL 2020
Westpac has today announced a new chief financial officer, hiring from KPMG. Westpac chief executive Peter King announced Michael Rowland will be taking on the position, subject to regulatory approval. King said Rowland brings deep experience across ...

BT un-aligns group insurance, awards mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
Westpac's BT super has awarded a group insurance mandate, switching members away from Westpac Life Insurance Services. AIA Australia has been appointed as the new group insurer, with the change coming into effect from 1 July 2020. The change will impact ...

Chi-X releases viral TraCRs stocks

ALLY SELBY  |  THURSDAY, 25 JUN 2020
Stock exchange Chi-X has added five new US listed companies through its investment vehicle TraCRs, which it says reflect the societal and behavioural trends kick-started by the COVID-19 pandemic. This includes video conferencing service Zoom, protective ...

Job vacancies up 15%: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUN 2020
Data from LinkedIn and SEEK has revealed which industries are hiring - with several companies in financial services looking to fill roles. SEEK data from May revealed that job ads in the insurance and superannuation sectors were down 2%, while almost ...

Capital raisings top $27bn, dividends down $10bn

ELIZA BAVIN  |  TUESDAY, 23 JUN 2020
New research from Ord Minnet reveals capital raisings topped $27 billion as at June 22, while dividends have been slashed by $10 billion. Ord Minnett said among the three categories of capital management initiatives, capital raisings include share placements ...

Westpac sells legacy stake in Pendal

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
Westpac sold its 9.5% stake in Pendal Group after market close yesterday sweeping clean its stake, and will continue to withdraw from the $14 billion in assets that Pendal currently manages for it. The block trade, which was handled by UBS last evening ...