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Showing 41 - 50 of 55 results for "Peter King"

Westpac AUSTRAC bill continues to grow

ELIZABETH MCARTHUR  |  TUESDAY, 14 APR 2020
... has seen costs change in the provision of group life insurance to the tune of $70 million. Westpac chief executive Peter King maintained the bank is well positioned to respond to the volatile environment amid the COVID-19 pandemic. However, Westpac's ...

Westpac names new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
Westpac has confirmed acting chief executive Peter King will take on the role permanently to steer the bank through ongoing uncertainty. In an announcement today, Westpac chair John McFarlane said King has agreed to take on the role for the next two ...

Why banks are lifting TD rates

ALLY SELBY  |  FRIDAY, 27 MAR 2020
... St George, Suncorp, Bank of Melbourne, Bank of Queensland, HSBC and Macquarie Bank. Westpac acting chief executive Peter King said the bank was determined to assist customers during the crisis. "This is a once in a lifetime event and a united response ...

Westpac facing new class action

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
... 19 November 2019. The law firm has named the bank, former chief executive Brian Hartzer and current chief executive Peter King as defendants. It is alleged that the defendants made false or misleading statements and failed to disclose the issues when ...

Westpac appoints new chair

ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
... anti-money laundering and anti-terrorism laws. The scandal led to the former chief executive Brian Hartzer stepping down and Peter King appointed as acting chief executive in November last year.

Thousands exit Westpac raise

HARRISON WORLEY  |  WEDNESDAY, 11 DEC 2019
... actions of the bank in the days following eventually saw Hartzer step down from his role, with chief financial officer Peter King taking the top job in the interim as of December 2.

ASIC launches investigation into Westpac

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... have taken place at Westpac. Brian Hartzer today stepped down as chief executive, with current chief financial officer Peter King stepping in as interim chief executive. King will take over from December 2. Hartzer has been given 12 months notice and ...

Brian Hartzer steps down from Westpac

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... wake of AUSTRAC's investigation. Westpac today announced Hartzer will exit, with current chief financial officer Peter King taking over as acting chief executive from December 2. Hartzer said: "As chief executive I accept that I am ultimately accountable ...

APRA sets new capital target for the big four

ALEX BURKE  |  WEDNESDAY, 19 JUL 2017
... the Australian economy," adding that NAB was well-placed to meet the new standard. Westpac chief financial officer Peter King expressed similar sentiments, noting that the bank has already "proactively taken steps to boost its CET1 capital ratio" to ...

Broaden levy to foreign banks: Big four

KARREN VERGARA  |  MONDAY, 19 JUN 2017
... expanding into retail banking either directly or providing funding to third parties, Westpac Group chief financial officer Peter King said. The Bill should be amended to capture major foreign banks based on group liabilities if this exceeds $100 billion ...