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Showing 461 - 470 of 3560 results for "Westpac"

Chief economist update: Pay cut or pay not?

BENJAMIN ONG  |  FRIDAY, 15 MAY 2020
... consumer confidence -- the NAB business confidence index rebounded to a reading of -46 in April from -65 in March; the Westpac/Melbourne Institute Index of Consumer Sentiment jumped by 16.4% to 88.1 in May from April's 75.6 reading. The consumer ...

ASIC secures $160m in remediation over junk credit insurance

ALLY SELBY  |  THURSDAY, 14 MAY 2020
... Adelaide Bank, Citigroup, Commonwealth Bank, Credit Union Australia, Latitude Finance Australia, NAB, Suncorp-Metway and Westpac. ASIC deputy chair Karen Chester said the investigation of major banks and lenders uncovered the design and sale of consumer ...

Industry fund reshuffles leadership

ELIZABETH MCARTHUR  |  TUESDAY, 12 MAY 2020
... strategy officer in 2016. Prior to joining the fund, Nair held executive management roles at the Commonwealth Bank and Westpac. Jason Theng will step into the chief risk officer role now, being promoted from his position as executive manager, operational ...

Trust in big four improves

ALLY SELBY  |  MONDAY, 11 MAY 2020
... The highest attainable score in the survey was 100, while the lowest was -100. The highest score a bank received was 23. Westpac was the biggest improver of the bunch, lifting five points from negative two to plus three. Similarly, NAB improved four ...

Macquarie kicks off $400m raise

ALLY SELBY  |  MONDAY, 11 MAY 2020
... Securities, Citigroup Global Markets Australia, CBA, E&P Corporate Advisory, Ord Minnett, Morgans Financial, NAB, and Westpac Institutional have been appointed as joint lead managers. Macquarie has been appointed as sole arranger and joint lead manager. ...

Court to decide OneVue claim over Sargon sale

KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
The sale of Sargon's subsidiaries has yielded $29.6 million for its secured creditors including OneVue and Westpac, who will now have their claims decided in court. The sale, which was confirmed yesterday includes Diversa, CCSL, Tidswell and Australian ...

Former licensee head in new role

JAMIE WILLIAMSON  |  WEDNESDAY, 6 MAY 2020
... general manager of Godfrey Pembroke and MLC Connect. Fisher wrapped up as general manager of Securitor in May 2019 when Westpac shuttered the dealer group, along with Magnitude, as part of its decision to exit personal financial advice. Fisher brings ...

Almost $1bn wiped off risk market

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 MAY 2020
... were offset by a bad year for many. AIA recorded negative risk inflows of 29%, AMP was down 7.8%, MLC was down 4.3%, BT/Westpac recorded negative inflows of 4% and Zurich lost 3.5%. Total sales of new risk premiums were similarly down, with Plan For ...

Capital retention policies may hit investors: Research

HARRISON WORLEY  |  WEDNESDAY, 6 MAY 2020
... that since APRA issued directions to its regulated entities to hold on to their cash for the time being, ANZ, NAB and Westpac have either reduced or deferred interim dividends. According to the paper's author, Realindex head of investments David Walsh ...

New buyers for Sargon businesses confirmed

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
... Tidswell businesses will be owned by New York-based buyers, who are committing to retaining Aussie jobs and have hired a Westpac and BT veteran for the board. New Yorker Teddy Wasserman of CloverHill Capital and Australian-origin Matthew Kibble of Kibble ...