Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 401 - 410 of 3560 results for "Westpac"

Australian Business Growth Fund launches

ELIZABETH MCARTHUR  |  MONDAY, 19 OCT 2020
... financial institutions to provide equity funding. The major banks on board including ANZ, Commonwealth Bank, NAB, and Westpac have also each committed $100 million to the fund. The Australian Business Growth Fund will have an initial investment capacity ...

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 ...

BT cuts Wealth Connect

ALLY SELBY  |  FRIDAY, 16 OCT 2020
BT has proposed changes to its Wealth Connect business which could see at least 38 roles become redundant, as Westpac continues to review its wealth platform, superannuation, investments and insurance businesses. BT's Wealth Connect team provides ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
Happy consumer makes the economy grow stronger. The result of the latest Westpac-Melbourne Institute consumer sentiment survey disproves the aged-old adage that "money doesn't buy happiness". Australian consumer sentiment surged by 11.9% to a reading ...

Westpac consolidates international operations

JAMIE WILLIAMSON  |  WEDNESDAY, 14 OCT 2020
Following a comprehensive review, Westpac is choosing to hone its focus on Australia and New Zealand, consolidating its international operations into just three branches. Having reviewed its Asia, Europe and US businesses, Westpac will now move forward ...

Westpac puts Australia on bad banking leaderboard

ELIZA BAVIN  |  WEDNESDAY, 14 OCT 2020
Global banks have paid out around US$10.5 billion in fines so far this year, with Westpac taking out third place thanks to the AUSTRAC scandal. The research, provided by Finbold, listed the top 10 biggest fines paid by global banks with US institutions ...

Big banks face shareholder action

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... ongoing shareholder resolution regarding climate policy. On the other hand, Market Forces is closely watching the effect of Westpac's May position statement. However, similar resolutions were lodged last year with ANZ, NAB and Westpac, garnering votes ...

Super funds lag on disclosure

JAMIE WILLIAMSON  |  FRIDAY, 2 OCT 2020
... said. On the equities front, super funds' top holdings are remarkably consistent, with CSL, Commonwealth Bank, NAB, Westpac, BHP Group, Macquarie, ANZ, Woolworths, Rio Tinto and Telstra appearing among the top 10 holdings of almost all super funds. ...

Group risk inflows fall 15%

ALLY SELBY  |  MONDAY, 28 SEP 2020
... comparison, AIA's inflows fell 47.4% during the year, while MetLife Insurance, MLC Life Insurance, QInsure, Zurich Group and BT/Westpac Group fell 12.2%, 27.5%, 8.9%, 25.9%, and 15.8% respectively. The Rest mandate saw TAL's market share increase to ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
Will they? Won't they? According to Bill, the RBA will. That's Westpac chief economist Bill Evans for you. Bill released a note a day after RBA deputy governor Guy Debelle addressed the Australian Industry Group's (AiG) September 22 virtual ...