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Showing 51 - 60 of 109 results for "Westpac SA"

ASIC drags Westpac to court

KANIKA SOOD  |  MONDAY, 18 JUN 2018
ASIC has initiated civil penalty proceedings against Westpac in relation to a Perth financial planner whose poor advice has already seen the bank foot a $12 million bill to remediate clients. Sudhir Sinha provided financial advice in the Perth area ...

Westpac faces lending practices breach: ASIC

KARREN VERGARA  |  THURSDAY, 2 MAR 2017
The Australian Securities and Investment Commission is taking Westpac to the Federal Court for allegedly breaching home-loan responsible lending practices. Between December 2011 and March 2015, the regulator claims Westpac failed to properly assess ...

Westpac provides head start to wealth management

JAMIE WILLIAMSON  |  TUESDAY, 3 JAN 2017
Two-thirds of Australian parents worry about how financially astute their children will be by the time they graduate high school and Westpac is offering a $200 head start. As part of its 200th anniversary celebrations, the bank has developed the 'Bump' ...

Macquarie continues funds management reign: WTW

KERRIE SYDEE  |  MONDAY, 7 NOV 2016
The annual report analyses the 500 largest investment managers around the world and looks for emerging trends. Macquarie continues to be Australia's largest funds manager with US$355 billion in assets under management. It was ranked 52 in the world ...

Westpac commits to social finance leadership

DARREN SNYDER  |  THURSDAY, 3 NOV 2016
Westpac says it is dedicated to leading the development of social finance in Australia and is eager to introduce other institutional investors to future transactions. Westpac Institutional Bank executive director and head of structured finance, Greg ...

US funds launch lawsuit against big four banks

ALEX BURKE  |  FRIDAY, 19 AUG 2016
A class action lawsuit has been launched against NAB, CBA, ANZ and Westpac, as well as Macquarie and other investment banks for their alleged rigging of the bank bill swap reference rate (BBSW). The Sonterra Capital Master Fund, Frontpoint Financial ...

Westpac net profit up 3pc

KERRIE SYDEE  |  MONDAY, 2 MAY 2016
Westpac has announced first half 2016 statutory net profit of $3,701 million, up 3% from the prior corresponding period. Commenting on the profit boost, Wesptac chief executive Brian Hartzer said: "The consumer bank delivered strong home loan and deposit ...

Market to open lower

AAP  |  TUESDAY, 28 JUL 2015
... expected, however, Fairfax Media chief executive Greg Hywood is slated to speak at an AmCham lunch in Sydney while Westpac SA general manager Lester Wynne-Jones is scheduled to speak at an Australia-Israel Chamber of Commerce lunch in Adelaide. In Australia ...

Market wrap

AAP  |  FRIDAY, 14 NOV 2014
Australia's share market has opened slightly lower, with the major banks lower and the big miners mixed. Lonsec senior client adviser Michael Heffernan said there had been a lack of major corporate or economic news to drive the market all week. "This ...

Westpac weighs in on FoFA debate

LAURA MILLAN  |  FRIDAY, 9 MAY 2014
Westpac said that the government's proposed changes to the Future of Financial Advice (FoFA) legislation are "necessary" to ensure consumer protection. Westpac is the first of the Big Four to have its say on the FoFA changes, which are A currently being ...