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Showing 511 - 520 of 3560 results for "Westpac"

Westpac facing new class action

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
Westpac is facing a new class action over issues connected to the bank's monitoring of financial crime and the recent AUSTRAC scandal. Rosen Law, a US based international investor rights law firm, filed the class action on behalf of purchasers of ...

K2 appoints head of research

ELIZA BAVIN  |  FRIDAY, 31 JAN 2020
... management at Equity Trustees. Boubouras has also held senior roles at HSBC Global Asset Management, Macquarie Group, Westpac, NSW Treasury and UBS (then SBC). K2 chief executive Campbell Neal said: "[Boubouras] brings with him a wealth of experience ...

Major life insurers continue to suffer

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
... CommInsure bled the most, with 20.3% less risk premium inflows compared to the year before, while AMP (-8.9%), BT and Westpac (-6.9%), MLC (-4.5%) and Zurich (-3.2%) all followed suit. MetLife managed to buck the trend growing by 5%, while smaller player ...

Fintech appoints former super fund chief

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... Cuscal Limited and Ruralco Holdings. Previously, Vonhoff worked as a director at AMP Bank, Cabcharge, Tennis NSW and the Westpac Staff Superannuation Fund. She held senior executive roles at Westpac and AMP for 13 years, with experience spanning finance ...

Banking sector losses continue

ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
... inquiry needing to be factored in, the bank's position seems unlikely to change in the coming year," the report said. Westpac is estimated to have suffered around a $5.7 billion loss, due to a 21% fall in its brand value due to the banks inability to ...

Chief economist update: Australians all let's not rejoice

BENJAMIN ONG  |  THURSDAY, 23 JAN 2020
... don't it feel good." Sadly, Australians are not singing and dancing to this upbeat classic by Katrina and the Waves. The Westpac/Melbourne Institute consumer sentiment survey shows that consumer pessimism has deepened in January. The consumer index ...

Westpac appoints new chair

ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
Westpac has appointed John McFarlane to the board as non-executive director and chair-elect, set to replace Lindsay Maxsted on 2 April 2020. McFarlane has over 44 years' experience in the financial services industry both in Australia and internationally ...

Viridian opens new offices

KANIKA SOOD  |  WEDNESDAY, 22 JAN 2020
... Calder. The new locations will house advisers that Viridian picked up last year when it acquired about 73 advisers from Westpac, representing about $4.5 billion in assets. The acquisition has given Viridian a footing in South Australia and Australian ...

Spaceship goes on executive hiring spree

HARRISON WORLEY  |  MONDAY, 20 JAN 2020
... Asset Management chief financial officer Peter McHale has linked with the firm as chief operating officer, while former Westpac head of digital sales transformation Andrew Malak has joined as chief product officer. Also making the switch is Olly Emery ...

Mayfair fights for use of word

ELIZA BAVIN  |  MONDAY, 20 JAN 2020
... Asset Management. Mayfair 101 said it has hired senior counsel Matthew Darke to represent it. Darke recently represented Westpac following the Royal Commission. "Platinum Asset Management has been facing its own challenges since Kerr Neilson stepped ...