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Showing 61 - 70 of 2738 results for %22Westpac Bank%22

NAB evades AUSTRAC fine for non-compliance

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
... issues related to anti-money laundering and counter-terrorism financing (AML-CTF) laws. Unlike the Commonwealth Bank and Westpac which received gargantuan fines for AML-CTF breaches, NAB has accepted an enforceable undertaking from AUSTRAC without pecuniary ...

Integrity Life appoints chief technology officer

ELIZABETH MCARTHUR  |  TUESDAY, 26 APR 2022
... chief technology officer with Saxo Bank in Denmark. Prior to joining Saxo, Khurana held several executive positions with Westpac and Macquarie Group. "I'm delighted to welcome Ashish to Integrity Life as chief technology officer," Integrity Life chief ...

Six cases brought against Westpac now finalised

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
The six Federal Court cases brought against Westpac by ASIC late last year have been finalised, with the banking giant to pay a total of $113 million in penalties. A decision in the final of the six matters, all overseen by Justice Beach, was handed ...

Westpac giving away BT super business

ELIZABETH MCARTHUR  |  FRIDAY, 22 APR 2022
Westpac continues to seek to offload its BT superannuation business, with the bank now willing to transfer the business for no financial consideration. "In preparation for the exit of our superannuation business, the carrying value of our superannuation ...

Australian Ethical adds to investment committee

CHLOE WALKER  |  WEDNESDAY, 13 APR 2022
... head of asset management at Hastings Funds Management and, prior to that, managing director of Debt Capital Markets at Westpac Institutional Bank. He now sits on several investment committees and boards across funds management, infrastructure, and insurance. ...

Westpac fined $1.5m for mis-selling insurance

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
The Federal Court has ordered Westpac to pay a $1.5 million penalty for mis-selling consumer credit insurance with its credit cards and Flexi Loans, to customers who hadn't agreed to buy insurance policies. This penalty has come as a result of Westpac's ...

Westpac now an open book on pay

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
Westpac has informed employees they are now free to discuss their salaries with one another, saying it will no longer enforce confidentiality clauses in contracts. Making the announcement yesterday, Westpac said its decision actually dates back to December ...

BT superannuation lead joins Citi

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... including division director, banking and financial services at Macquarie. Prior to her role with BT, Oakhill also worked at Westpac between 2004 and 2007 in a senior marketing role. Alan Machet, chief executive of Citi Australia's consumer bank, said ...

ANZ becomes first Australian bank to develop stablecoin

CHLOE WALKER  |  FRIDAY, 25 MAR 2022
... first digital banking guarantee on the Lygon blockchain platform and is a founding partner alongside Commonwealth Bank, Westpac, Scentre Group and IBM.

VFMC hires from Cbus

JAMIE WILLIAMSON  |  THURSDAY, 17 MAR 2022
... four years prior to her most recent role. She has also previously held roles with Allard Partners, IAG, Merrill Lynch, Westpac, and the Reserve Bank of Australia. At VFMC, Taylor will replace Peter Osborne who is retiring after 13 years. "VFMC wishes ...