Search ResultsShowing 61 - 70 of 100+ results for "Westpac"
APRA hits Allianz over risk
HARRISON WORLEY  |  WEDNESDAY, 14 AUG 2019
... After reporting their self-assessments, APRA imposed $500 million additional capital requirements on each of ANZ, NAB and Westpac. APRA executive board member Geoff Summerhayes said the self-assessments proved the issues in CBA's risk governance work ...
Future Fund voted down Pinnacle equity grants
KANIKA SOOD  |  TUESDAY, 13 AUG 2019
... December 2018 meeting and supported equity grants to ANZ chief Shayne Elliott, Commonwealth Bank chief Matt Comyn and Westpac chief Brian Hartzer. However it voted against Westpac's remuneration report. At AMP, it supported the elections of David ...
Westpac fined over reporting failure
ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
APRA has handed Westpac the maximum financial penalty it can for failing to meet reporting obligations. Westpac and its subsidiaries St George Finance Holdings and Capital Finance Australia will pay more than $1.5 million after breaching requirements ...
BT advice boss lands new role
KANIKA SOOD  |  WEDNESDAY, 7 AUG 2019
... services sector is transforming, creating growth opportunities." Wright was last year questioned about the conduct of a Westpac adviser who recommended securities to his clients without taking their individual circumstances into account and how the company ...
ASIC reveals advice remediation progress
HARRISON WORLEY  |  THURSDAY, 1 AUG 2019
... oversee financial advisers has netted less than $120 million in remediation to date. AMP, ANZ, Commonwealth Bank, NAB and Westpac have paid a total of $119.7 million [see figure 1] in remediation for poor financial advice since the corporate regulator ...
Boutique manager hires investment banking expert
KARREN VERGARA  |  THURSDAY, 1 AUG 2019
... institutional property. Muspratt and Wilkinson take the roles of investment associate at MCP, having recently worked at Westpac and NAB respectively. Managing partner Andrew Lockhart commented: "As lower interest rates weigh on yields, the listed and ...
IOOF rejigs CRO role, appoints successor
KARREN VERGARA  |  FRIDAY, 26 JUL 2019
... compliance experience across financial services and wealth management includes holding executive roles at Equity Trustees, Westpac, ANZ, NAB and KPMG. She was most recently chief risk officer at Trustee Partners for about a year, and was managing director ...
Private wealth firm grows footprint
JAMIE WILLIAMSON  |  WEDNESDAY, 24 JUL 2019
Two former Westpac executive financial planners have joined the leadership team of a national private wealth firm, seeing it expand interstate. Marc Smith and Patrick Duke have joined Integral Private Wealth, establishing the Sydney-based firm's first ...
Open Banking gets another shot in parliament
ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
... Banking changes. The energy and telecommunications sectors are proposed to follow next. Three of the four big banks (Westpac, ANZ and Commonwealth Bank) have voluntarily launched the first stage of Consumer Data Right on 1 July 2019. The next stage of ...
REI Super names new chief executive
KARREN VERGARA  |  TUESDAY, 23 JUL 2019
... executive manager of employer experience before becoming group executive. Prior to Cbus, he worked in senior roles at Westpac as general manager of working capital and industry specialisation, and as general manager of nabEducation at NAB. Coysh commented ...
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