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Showing 891 - 900 of 3560 results for "Westpac"

"Shunned" investment strategy generating massive returns

KARREN VERGARA  |  THURSDAY, 25 MAY 2017
... subordinated debt securities, director and portfolio manager, income securities Jarod Dawson said at a recent media briefing. Westpac and ANZ issued debt in the form of floating rate securities back in the late 80s and early 90s - a time when the credit ...

Big four hammer bank levy

ALEX BURKE  |  TUESDAY, 23 MAY 2017
ANZ, CBA, NAB and Westpac have taken to the ASX to criticise the Government's new bank levy, with some saying it will hit customers hardest. Westpac chair Lindsay Maxsted said in an open letter that the new levy is "bad public policy that targets just ...

Big banks pay $60m in advice refunds

ALEX BURKE  |  MONDAY, 22 MAY 2017
AMP, ANZ, CBA, NAB and Westpac have to-date repaid $60 million out of an estimated $204 million for charging clients for financial advice that was not provided. This news follows the October 2016 release of ASIC's report into the advice businesses of ...

SMSFs in rebalancing flurry

KARREN VERGARA  |  THURSDAY, 18 MAY 2017
... also found the big four banks dominated SMSFs' largest holdings, with the Commonwealth Bank topping the list, followed by Westpac, ANZ and NAB. Telstra, Magellan Global Fund, BHP, Platinum International Fund, Wesfarmers and CSL rounded the top ten investments ...

Industry fund appoints two directors

EMMA RAPAPORT  |  TUESDAY, 16 MAY 2017
... to her current role as marketing director at Paypal, she worked in a number of senior leadership and marketing roles at Westpac, BT Financial Group and Reuters London. The appointments follow the rolling out of a new corporate strategy earlier this year ...

BTFG drags Westpac performance

KARREN VERGARA  |  MONDAY, 8 MAY 2017
Westpac's wealth and insurance arm BT Financial Group delivered mixed results for the bank, financial reports released to the ASX show. Every division, with the exception of BTFG "performed solidly" in the six months to March, the bank said. Chief executive ...

AFA recruits for professionalism

JAMIE WILLIAMSON  |  THURSDAY, 4 MAY 2017
... former head of professional conduct, complaints and mediation with Chartered Accountants AUS/NZ, and was once contracted by Westpac to oversee operational governance. AFA chief executive Phil Kewin said the association is pleased to welcome Vogel. "She ...

HSBC rolls out Apple Pay

KARREN VERGARA  |  TUESDAY, 2 MAY 2017
... Macquarie and ANZ. In March, the Australian Competition and Consumer Commission denied the Commonwealth Bank of Australia, Westpac, National Australia Bank, and Bendigo and Adelaide Bank to collectively negotiate access to Apple's digital payment technology. ...

Ellerston and Coombe buy Austock stake

JAMIE WILLIAMSON  |  MONDAY, 1 MAY 2017
... management, life and general insurance, and pension and financial planning business. He is also a former group executive at Westpac charged with running the retail and business bank and wealth management businesses. A statement from Austock said Coombe's ...

Republic Capital chief executive departs

ALEX BURKE  |  THURSDAY, 20 APR 2017
... chief operating officer at Swita Investment Management, head of operations at Arnott Capital and a financial controller in Westpac's institutional bank. At the time of Baker's appointment, Republic Capital non-executive chair Brian Thomas described the ...