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Showing 331 - 340 of 3558 results for westpac

DDO to simplify general, personal advice

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
... is being provided." The discussion comes after the High Court affirmed the Federal Court's 2019 decision that two Westpac subsidiaries provided unlicensed personal financial advice. "The High Court has provided clarity concerning the differences ...

ABC, ISH arrangement faces scrutiny

KARREN VERGARA  |  MONDAY, 29 MAR 2021
... Falinski added, how much the correspondent is getting paid, or the terms and conditions of the agreement. If this was Westpac, AMP or CBA or any other institution, Falinski said he had no doubt that APRA and ASIC would be all over them like a "ton of ...

K2 Asset Management co-founder exits board

KANIKA SOOD  |  MONDAY, 29 MAR 2021
... management at Equity Trustees. Boubouras has also held senior roles at HSBC Global Asset Management, Macquarie Group, Westpac, NSW Treasury and UBS (then SBC). Newman owns about 13.4 million KAM shares, according to his final directors' interest ...

Westpac considering NZ demerger

ANNABELLE DICKSON  |  THURSDAY, 25 MAR 2021
Westpac has revealed it is in the early stages of reviewing the feasibility of its 160-year-old New Zealand division as capital requirements ramp up. Westpac noted the NZ business continues to perform well but the regulatory requirements in New Zealand ...

RBNZ puts Westpac on notice

ANNABELLE DICKSON  |  WEDNESDAY, 24 MAR 2021
The Reserve Bank of New Zealand (RBNZ) has instructed Westpac New Zealand (WNZL) to hold additional liquid assets and commission independent reports into its risk governance and liquidity risk management. The RBNZ has instructed that the first independent ...

Brian Hartzer to release leadership book

ELIZABETH MCARTHUR  |  TUESDAY, 23 MAR 2021
Former Westpac chief executive Brian Hartzer will release a professional development book on effective leadership in April. The leadership star: A practical guide to building engagement is due out next month, presents a five-point framework developed ...

ANZ, CBA settle class action

ANNABELLE DICKSON  |  MONDAY, 22 MAR 2021
... commenced in 2016 in the United States District Court for the Southern District of New York against ANZ, CBA, NAB and Westpac and other global banks. The class action alleged the banks conspired to fix the prices of BBSW-based derivatives. Both ANZ and ...

Chester eyes ASIC chair role

KARREN VERGARA  |  FRIDAY, 19 MAR 2021
ASIC deputy chair Karen Chester has confirmed that she wants to be considered for the role as chair of the corporate regulator, taking over from James Shipton who will step down as soon as the right candidate is announced. A Senate Parliamentary Joint ...

Colonial First State names executive chair

JAMIE WILLIAMSON  |  THURSDAY, 18 MAR 2021
... Brands and is currently chair of Tibra Capital. He is also a former group executive of retail and business banking at Westpac and a former chief executive of BT Financial Group. "We are delighted to welcome an executive of Rob's calibre to the team ...

Westpac merges consumer, business divisions

ELIZA BAVIN  |  WEDNESDAY, 17 MAR 2021
Westpac has announced it will combine the leadership of its consumer and business divisions to form a new consumer and business banking division, with one executive exiting the business. Westpac said the new division will be led by the current chief ...