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Showing 971 - 980 of 3558 results for westpac

Risk inflows reflect boost in market

JAMIE WILLIAMSON  |  THURSDAY, 22 SEP 2016
... increase, despite only having 5.5% market share. Other market leaders to see significant increases in this category were BT/Westpac (7.6%) and TAL (7%). CommInsure was the only group to record a decline, finishing the year down 3% with its market share ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 15 SEP 2016
Australian consumer sentiment Although marginal and less than market expectations, the 0.3% increase in the Westpac/Melbourne Institute index of consumer sentiment to 101.4 in September from 101.0 in the previous month indicates that optimists continue ...

Industry must collaborate to defeat cyber threats

KERRIE SYDEE  |  WEDNESDAY, 14 SEP 2016
... governments if it wishes to have an impact on cyber threats, according to group chief information security officer at Westpac Banking Group, Richard Johnson. Addressing a panel on the need for developing a cyber smart nation at the SINET61 Summit, Johnson ...

Westpac refunds $9.2 million in unfair fees

JAMIE WILLIAMSON  |  TUESDAY, 13 SEP 2016
About $9.2 million has been refunded by Westpac after more than 160,000 customers were wrongfully charged inapplicable account fees. The refunds are a result of the bank failing to waive fees on Westpac and St. George branded savings and transaction ...

Westpac tops S&P ESG index

ALEX BURKE  |  MONDAY, 12 SEP 2016
Westpac has been determined the financial services industry leader in the S&P Dow Jones global sustainability benchmark. The S&P Dow Jones Sustainability Indices annual review, developed in partnership with RobecoSAM, showed that Westpac comfortably ...

Growth in super and investment FUMA stagnant

KERRIE SYDEE  |  THURSDAY, 8 SEP 2016
... NAB recorded a 1.0% decrease to $151.8 billion, AMP a 6.2% increase to $148.4, CBA a 1.9% decrease to $138.5 billion and Westpac a 0.7% increase to $132.2 billion. The twelve months to June 2016 saw an increase of 2.1% in retirement income FUMA to $3.5 ...

Unclear disclosure leads to $20 million in refunds

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2016
Westpac has been forced to refund approximately $20 million in wrongfully charged credit card fees. The bank recently reimbursed around 820,000 customers after it failed to clearly disclose the types of credit card transactions that attract foreign ...

Former Westpac exec joins YBR

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2016
Yellow Brick Road (YBR) has appointed a former Westpac executive as general manager of its wealth division. Adam Youkhana, most recently head of partnerships and private banks for financial planning at Westpac, now leads YBR's wealth management business ...

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 ...

Storm Financial investor slams court decision

ALEX BURKE  |  MONDAY, 29 AUG 2016
... Financial Ombudsman Service was fundamentally biased in the banks' favour: "It's funded by the banks. I was negotiating with Westpac on behalf of other Westpac-exposed Storm people. We were allocated a case manager who investigated the issue, advised ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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