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Search ResultsShowing 1 - 10 of 100+ results for "Westpac"
AMP Bank boss exits
KARREN VERGARA  |  THURSDAY, 21 JAN 2021
... him all the best for the next stage of his career." At BOQ, Finch will report to Martine Jager, who was most recently Westpac's chief digital and marketing officer. Jager replaces Lyn McGrath, the group executive of retail banking, who has announced ...
Pendal reports $1.6bn in net outflows
KANIKA SOOD  |  FRIDAY, 15 JAN 2021
... period were $200 million. This included $400 million from Australian institutional clients and $100 million from legacy Westpac book. "We continued to see positive momentum in US pooled funds and the Australian wholesale channel, and pleasingly we have ...
Australian banks among most fined
ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
... banks came in second place, with just three fines managing to add up to US$981 million. That figure was mostly made up of Westpac's record $1.3 billion (US$910 million) fine, handed down after an AUSTRAC investigation found the bank had breached anti-money ...
David Atkin joins ME Bank board
KANIKA SOOD  |  THURSDAY, 7 JAN 2021
Former Cbus Super chief executive David Atkin, who r ecently joined AMP Capital , has just added a board position at ME Bank. David Atkin joined the industry-fund-owned bank's board as a non-executive director on January 1, alongside Westpac's ...
New heatmap shames trustees
KARREN VERGARA  |  FRIDAY, 18 DEC 2020
... underperformers with red ratings over a six-year investment period are: BT Funds Management's Asgard Employee, BT Super and Westpac Group Plan (lifecycle) Colonial First State Investments' FirstChoice Superannuation Trust lifecycle (lifecycle) ...
RBA adds former BT director to board
ELIZA BAVIN  |  FRIDAY, 18 DEC 2020
... currently a director of ASX-listed CSL and Infrastructure SA. She is a former director of BHP, BT Investment Management and Westpac. Hewson has also served as a panel member of the Financial System Inquiry and is a member of the Growth Centres Advisory ...
Financial services' biggest tax bills revealed
ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... ($24 million). Commonwealth Bank had the highest tax payable bill from the big four banks at $3.2 billion, followed by Westpac at $3 billion, NAB at $2.1 billion and ANZ at $1.6 billion. Suncorp had a tax bill of $324 million, ING at $195 million, Bendigo ...
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 ...
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