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Search ResultsShowing 31 - 40 of 100+ results for "Westpac"
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 ...
Westpac to review business units
JAMIE WILLIAMSON  |  MONDAY, 4 MAY 2020
Westpac has determined several of its business units lack sufficient scale, including superannuation and investments, and is set to launch a review aimed at simplifying the group. Announcing results today, Westpac said it is establishing a new specialist ...
Westpac flags $2.2bn impairment
JAMIE WILLIAMSON  |  TUESDAY, 28 APR 2020
... more than $2.2 billion - more than half of which is attributed to COVID-19. Announcing the expected charge this morning, Westpac said the $2.238 billion impairment includes about $0.6 billion from individually assessed provisions and net write-offs ...
Chief economist update: Thank goodness for Sorbent
BENJAMIN ONG  |  THURSDAY, 23 APR 2020
... decline in retail spending going forward. This is supported and indicated by the deepening pessimism among consumers. The Westpac-Melbourne Institute index of consumer sentiment plummeted by 17.7% to a reading of 75.6 in April - the biggest monthly decline ...
Best, worst performing Aussie equities funds
KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
... portfolio, with an unwaveringly large exposure to the economically exposed domestic banking sector, specifically CBA, Westpac, and ANZ. Yarra also held large positions in infrastructure toll-road stocks Transurban and Atlas Arteria, which are being severely ...
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