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Search ResultsShowing 71 - 80 of 100+ results for "Westpac"
Former Macquarie adviser cops lifetime ban
ALLY SELBY  |  THURSDAY, 13 FEB 2020
... character to provide financial services". Acworth has also previously been licensed by UBS Asset Management (2008-2015) and Westpac (2001-2008). Acworth's ban comes as part of the corporate regulator's wealth management project, which aims to ...
Chief economist update: Australians not confident enough
BENJAMIN ONG  |  THURSDAY, 13 FEB 2020
... Australian consumer and business confidence despite concerns over the impact of the bushfires, floods and the coronavirus. The Westpac-Melbourne Institute Index of Consumer Sentiment rose 2.3% to 95.5 in February from 93.4 in the previous month. The ...
BT fund to wind up
KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
... investors in 2012. Total funds under management at the end of last year sat at $29 million. A recent review from the trustee (Westpac Securities Administration) concluded that given the small number of investors and low FUM following the 2012 stop to ...
Compensation bill hits $750m
ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
... compensation to customers, according to new data released by ASIC. The regulator said AMP, ANZ, CBA, Macquarie, NAB and Westpac are the six major institutions who are reimbursing customers who suffered loss or detriment because of non-compliant advice ...
Former Securitor manager joins Paragem
ALLY SELBY  |  WEDNESDAY, 12 FEB 2020
... support advisers," he said. Kouimanis spent nearly nine years with Securitor before the dealer group ceased, following Westpac's exit from personal financial advice. Prior to his tenure with Securitor, Kouimanis worked as a financial planning manager ...
Super fund reveals ASX 100 equality laggards
ALLY SELBY  |  TUESDAY, 11 FEB 2020
... score for how close the company was to meeting best practice. The big four performed well, with National Australia Bank, Westpac, ANZ, and the Commonwealth Bank scoring 89%, 89%, 88% and 83% respectively. Despite this, all four banks declined to implement ...
Westpac also owed money by Sargon
KANIKA SOOD  |  THURSDAY, 6 FEB 2020
... the only group owed money by Sargon and its related companies. There is also a roughly $35 million debt facility from Westpac bank, Financial Standard understands. The Westpac loan is in addition to previously reported borrowings from Taiping Trustees ...
Argo Investments' profit plunges
ALLY SELBY  |  MONDAY, 3 FEB 2020
... banking stocks as escalating remediation costs, new AUSTRAC allegations and continued management changes, particularly for Westpac, continued to weigh on the sector," Argo said. "This has resulted in a change in the composition of Argo's top 10 portfolio ...
Westpac facing new class action
ELIZA BAVIN  |  MONDAY, 3 FEB 2020
Westpac is facing a new class action over issues connected to the bank's monitoring of financial crime and the recent AUSTRAC scandal. Rosen Law, a US based international investor rights law firm, filed the class action on behalf of purchasers of ...
K2 appoints head of research
ELIZA BAVIN  |  FRIDAY, 31 JAN 2020
... management at Equity Trustees. Boubouras has also held senior roles at HSBC Global Asset Management, Macquarie Group, Westpac, NSW Treasury and UBS (then SBC). K2 chief executive Campbell Neal said: "[Boubouras] brings with him a wealth of experience ...
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