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Showing 381 - 390 of 3558 results for westpac

APRA takes action against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 1 DEC 2020
The prudential regulator has launched action against Westpac over material breaches of liquidity standards. The breaches, which were identified during 2019 and 2020, relate to the incorrect treatment of specific funding and loan products for the purposes ...

COVID-19 upends business travel, technology

KARREN VERGARA  |  MONDAY, 30 NOV 2020
... and accelerate digital transformation ahead of other investments thanks to the way COVID-19 has disrupted operations, a Westpac survey found. Over 110 chief executives canvassed in Westpac's Asia Pacific CEO survey expect to scale back their business ...

Generation flags Ascalon closure

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
... Development Group has confirmed its intention to wind up Ascalon Capital Managers, just two years after acquiring it from Westpac. It also announced plans to launch an income fund and a lifetime annuity. Generation has announced it will cease its investment ...

Chief economist update: Australian wages slow but still grow

BENJAMIN ONG  |  THURSDAY, 19 NOV 2020
... means that consumers still have money to spend and with the recovery in consumer sentiment, spend they will. The latest Westpac-Melbourne Institute Consumer Sentiment survey showed confidence rising by 2.5% to a reading of 107.7 points in November from ...

Mike Baird to chair government fund

ELIZABETH MCARTHUR  |  FRIDAY, 13 NOV 2020
... need to grow. The Commonwealth Government is a shareholder in the fund, alongside ANZ, the Commonwealth Bank, the NAB, Westpac, HSBC and Macquarie. Treasurer Josh Frydenberg announced the appointment after the inaugural chair of the fund, Will Hodgman ...

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 ...

Rice Warner hires fintech, product data lead

KARREN VERGARA  |  MONDAY, 2 NOV 2020
... industry includes working at EY as an actuarial consultant, and at Zurich Financial Services, Willis Towers Watson and Westpac as an intern. Chief executive Andrew Boal commented that the fintech and product data team will strengthen under Saliba, and ...