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Search ResultsShowing 81 - 90 of 100+ results for "Westpac"
Major life insurers continue to suffer
HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
... CommInsure bled the most, with 20.3% less risk premium inflows compared to the year before, while AMP (-8.9%), BT and Westpac (-6.9%), MLC (-4.5%) and Zurich (-3.2%) all followed suit. MetLife managed to buck the trend growing by 5%, while smaller player ...
Banking sector losses continue
ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
... inquiry needing to be factored in, the bank's position seems unlikely to change in the coming year," the report said. Westpac is estimated to have suffered around a $5.7 billion loss, due to a 21% fall in its brand value due to the banks inability to ...
Chief economist update: Australians all let's not rejoice
BENJAMIN ONG  |  THURSDAY, 23 JAN 2020
... don't it feel good." Sadly, Australians are not singing and dancing to this upbeat classic by Katrina and the Waves. The Westpac/Melbourne Institute consumer sentiment survey shows that consumer pessimism has deepened in January. The consumer index ...
Westpac appoints new chair
ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
Westpac has appointed John McFarlane to the board as non-executive director and chair-elect, set to replace Lindsay Maxsted on 2 April 2020. McFarlane has over 44 years' experience in the financial services industry both in Australia and internationally ...
Viridian opens new offices
KANIKA SOOD  |  WEDNESDAY, 22 JAN 2020
... Calder. The new locations will house advisers that Viridian picked up last year when it acquired about 73 advisers from Westpac, representing about $4.5 billion in assets. The acquisition has given Viridian a footing in South Australia and Australian ...
Spaceship goes on executive hiring spree
HARRISON WORLEY  |  MONDAY, 20 JAN 2020
... Asset Management chief financial officer Peter McHale has linked with the firm as chief operating officer, while former Westpac head of digital sales transformation Andrew Malak has joined as chief product officer. Also making the switch is Olly Emery ...
Mayfair fights for use of word
ELIZA BAVIN  |  MONDAY, 20 JAN 2020
... Asset Management. Mayfair 101 said it has hired senior counsel Matthew Darke to represent it. Darke recently represented Westpac following the Royal Commission. "Platinum Asset Management has been facing its own challenges since Kerr Neilson stepped ...
Global manager's Aussie distribution head retires
KANIKA SOOD  |  MONDAY, 13 JAN 2020
... was the head of distribution for ANZ. Over his 30 year career, he also worked at AMP Asset Management, Lloyds Bank and Westpac. "While we are sad to see Murray leave, we have a strong succession plan in place to ensure the continuity of the great work ...
Latitude Financial joins banks on AFCA complaints list
ALLY SELBY  |  MONDAY, 13 JAN 2020
... followed by ANZ and NAB. Also making the top 10, were insurers AAI, Insurance Australia and QBE Insurance, as well as Westpac, Citigroup, and PayPal. Consumer finance group Latitude received 975 complaints between the eight-month period beginning November ...
Industry digs deep amid bushfire crisis
ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
... what has been a difficult and emotionally gruelling time, and we want our customers to know we are here to help," said Westpac general manager Jane Watts. "We encourage anyone who needs assistance or support to contact their local Westpac Bank Manager ...
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