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Showing 51 - 60 of 483 results for %22Westpac Securities%22

Unclear disclosure costs bank $5m

KARREN VERGARA  |  MONDAY, 3 APR 2017
... misleading customers to believe such fees apply only to transactions made in a foreign currency or with an overseas merchant. Westpac was similarly reprimanded in September 2016 for failing to disclose credit card purchases incurred foreign transaction ...

Adviser contravenes FoFA obligations

EMMA RAPAPORT  |  MONDAY, 20 MAR 2017
... ASIC's broader Wealth Management Project-was focused on the conduct of the financial advice arms of AMP, ANZ, CBA, NAB and Westpac. In the report, ASIC identified a number of areas of concern where further improvements need to be made, including: failure ...

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 ...

ASIC takes Westpac to court

JAMIE WILLIAMSON  |  FRIDAY, 23 DEC 2016
... ASIC's decision to bring civil proceedings against Westpac subsidiaries. The corporate regulator is alleging Westpac Securities Administration Limited (WSAL) and BT Funds Management Limited (BTFM) contravened aspects of the Future of Financial Advice ...

ASIC confirms systemic failures in advice

KERRIE SYDEE  |  THURSDAY, 27 OCT 2016
... which is focusing on the conduct of Australia's largest advice firms, including the advice arms of AMP, ANZ, CBA, NAB and Westpac groups. To date there has been approximately $23.7 million of fee refunds and compensation paid, or agreed to be paid, to ...

New board members, partnership for BondAdviser

KERRIE SYDEE  |  THURSDAY, 1 SEP 2016
... investment management and financial services, having held roles with JB Were, Merrill Lynch, BZW/ABN Amro, Citigroup, Westpac and NAB. He also has direct experience developing businesses, having established individually managed account business, Premium ...

La Trobe Financial prices $250m RMBS Issue

MARK SMITH  |  THURSDAY, 9 JUN 2016
... complementary RMBS capital markets programme. We are well positioned for funding to support our strategic growth plans." Westpac's director of structured finance Peter Taplin said: "As a long standing client we are very pleased to arrange our first RMBS ...

Financial Sector Advisory Council back in action

DARREN SNYDER  |  MONDAY, 9 MAY 2016
... August. Joining the Council alongside Cameron will be Goldman Sachs managing director equity capital markets Sarah Rennie; Westpac chief executive Brian Hartzer; AMP chief executive Craig Meller; Bell Potter Securities head of wealth management Heather ...

ASIC commences proceedings against Westpac

ALEX BURKE  |  WEDNESDAY, 6 APR 2016
ASIC has commenced legal proceedings against Westpac in the Federal Court in Melbourne for its role in setting the bank bill swap reference rate from 2010 to 2012. ASIC has alleged Westpac engaged in "unconscionable conduct and market manipulation" ...

BTIM board replaces Cooper

DARREN SNYDER  |  TUESDAY, 1 MAR 2016
... Vance reporting to Cooper. Vance was appointed as BTFG chief risk officer in March 2015, and has held senior roles in the Westpac Group since he joined in 2008 including: group general manager, core transformation; chief operating officer, technology ...