Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 100+ results for "Westpac"

Chief economist update: Confidence unlocks Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
... resumption of economic activity. Not surprisingly both consumer and business confidence continued to go on the up and up. The Westpac-Melbourne Institute index of consumer surged to a reading of 112 in December - up by 4.1% from November's read ...

AMP appoints advice transformation manager

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... Commonwealth Bank's future advice model as a program director between 2013 and 2017. Earlier in her career, Hopkins held roles at Westpac, Citi and Macquarie Group. Her appointment comes amid upheaval for AMP's financial adviser network. A class action ...

Westpac sells Pacific to PNG bank

ANNABELLE DICKSON  |  MONDAY, 7 DEC 2020
Westpac has announced the sale of Westpac Fiji and the majority stake of its operations in Papua New Guinea to Kina Securities. Kina Securities will pay $420 million for Westpac Fiji and 89.91% of Westpac PNG Limited which combined have net assets of ...

AMP Capital APAC managing director exits

JAMIE WILLIAMSON  |  FRIDAY, 4 DEC 2020
... Prior to joining AMP Capital, Keary was executive director, head of distribution and sales, equities and retail markets at Westpac. "I have a true belief that in asset management we hold immense responsibility in improving the wellbeing of our clients. ...

Westpac enters into court enforceable undertaking

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
... into Westpac's risk governance, both parties have agreed to a court enforceable undertaking (CEU). The CEU requires Westpac to develop an integrated plan that incorporates all major risk governance remediation programs covering financial and non-financial ...

New internal audit guide for finance sector

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
A new best-practice guide for the boards and internal auditors of superannuation funds, banks and financial service providers has been released. The Institute of Internal Auditors (IIA) has released The Better Practice Guide, which was developed with ...

APRA takes action against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 1 DEC 2020
The prudential regulator has launched action against Westpac over material breaches of liquidity standards. The breaches, which were identified during 2019 and 2020, relate to the incorrect treatment of specific funding and loan products for the purposes ...

COVID-19 upends business travel, technology

KARREN VERGARA  |  MONDAY, 30 NOV 2020
... and accelerate digital transformation ahead of other investments thanks to the way COVID-19 has disrupted operations, a Westpac survey found. Over 110 chief executives canvassed in Westpac's Asia Pacific CEO survey expect to scale back their business ...

Generation flags Ascalon closure

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
... Development Group has confirmed its intention to wind up Ascalon Capital Managers, just two years after acquiring it from Westpac. It also announced plans to launch an income fund and a lifetime annuity. Generation has announced it will cease its investment ...

Chief economist update: Australian wages slow but still grow

BENJAMIN ONG  |  THURSDAY, 19 NOV 2020
... means that consumers still have money to spend and with the recovery in consumer sentiment, spend they will. The latest Westpac-Melbourne Institute Consumer Sentiment survey showed confidence rising by 2.5% to a reading of 107.7 points in November from ...