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Search ResultsShowing 1 - 10 of 60 results for "Brian Hartzer"
Westpac facing new class action
ELIZA BAVIN  |  MONDAY, 3 FEB 2020
... Westpac shares between 11 November 2015 and 19 November 2019. The law firm has named the bank, former chief executive Brian Hartzer and current chief executive Peter King as defendants. It is alleged that the defendants made false or misleading statements ...
Westpac appoints new chair
ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
... million breaches of the anti-money laundering and anti-terrorism laws. The scandal led to the former chief executive Brian Hartzer stepping down and Peter King appointed as acting chief executive in November last year.
Thousands exit Westpac raise
HARRISON WORLEY  |  WEDNESDAY, 11 DEC 2019
... losing tens of millions in commitments in the wake of the AUSTRAC scandal that claimed the scalp of chief executive Brian Hartzer. The bank overshot its $500 million share placement plan target by $270 million, with 31.9 million new shares to be issued ...
Regulators circle as scandal engulfs Westpac
ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
... financial regulators investigating Westpac, with ASIC and AUSTRAC also investigating the breaches. Chief executive Brian Hartzer and chair Lindsay Maxsted are currently the only people to step down from their roles at Westpac. Australia's second ...
ACSI, AFIC respond to Westpac scandal
ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
The Australian Council of Superannuation Investors welcomed the announcement today that Brian Hartzer will step down as chief executive of Westpac. "The actions taken today reflect the seriousness of the incidents and the failure of the bank to meet ...
ASIC launches investigation into Westpac
ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... of its response to AUSTRAC's statement of claim significant leadership changes have taken place at Westpac. Brian Hartzer today stepped down as chief executive, with current chief financial officer Peter King stepping in as interim chief executive. ...
Brian Hartzer steps down from Westpac
ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
Westpac chief executive Brian Hartzer has stepped down in the wake of AUSTRAC's investigation . Westpac today announced Hartzer will exit, with current chief financial officer Peter King taking over as acting chief executive from December 2. Hartzer ...
Westpac chief believes in financial advice
ELIZA BAVIN  |  MONDAY, 11 NOV 2019
Westpac chief executive Brian Hartzer told members of parliament that he believes providing financial advice to Australian consumers is important and that all Australians should have access to good, cost-effective, unconflicted financial advice. Speaking ...
Wealth income halved, Hartzer skips $1.6m bonus
HARRISON WORLEY  |  MONDAY, 4 NOV 2019
Westpac chief executive Brian Hartzer relinquished a $1.6 million cash bonus for the year, as income for the group's wealth management business fell significantly. Releasing its annual report and full year results to the market this morning, Westpac ...
Westpac takes $1 billion profit hit
ELIZA BAVIN  |  THURSDAY, 24 OCT 2019
... in the second half of 2019, bringing the remediation total to $958 million for the year. Westpac chief executive Brian Hartzer said: ""A key priority in 2019 has been to deal with outstanding remediation issues and refund customers as quickly as possible. ...
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