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Showing 1 - 10 of 3446 results for "Westpac"

ASX issues first corporate bond, underwritten by Westpac

ANDREW MCKEAN  |  THURSDAY, 22 FEB 2024
... investor participation. The settlement of the Notes, contingent on preceding conditions, is slated for 26 February 2024. Westpac serves as the exclusive lead manager and underwriter for this issuance. The ASX intends to allocate the proceeds from the ...

AMP chair steps down

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... experience includes leading Bendigo and Adelaide Bank as chief executive. Before this, he worked in senior roles at Colonial, Westpac, and Chase AMP Bank. He was also deputy chair of the Treasury Corporation of Victoria and the Australian Banking Association. ...

AIA adds to C-suite lineup

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... serving as executive director of central operations at the University of Sydney. She has also held tenures at Zurich, Westpac, BT Financial Group, Commonwealth Bank of Australia, and Colonial First State Global Asset Management. Turner will replace Michael ...

Westpac loses Ausgrid rate swap case

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... rate swap case borne out of AustralianSuper and IFM Investors' acquisition of part of Ausgrid in 2016. In October 2016, Westpac engaged in pre-hedging of an interest rate swap transaction with a consortium made up of the superannuation giant and several ...

TAL appoints chief claims officer

KARREN VERGARA  |  MONDAY, 22 JAN 2024
TAL announced that a former Westpac executive will join the insurer as its new chief claims officer. On March 1, Georgina Croft will take the post. She was most recently the chief customer services officer at BT Financial Group, a role she held for ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... Panorama Super. It followed the second annual Your Future, Your Super performance test in which Retirement Wrap's Westpac Group Plan MySuper failed for the first time and BT Super MySuper failed for the second time. All members in Retirement Wrap ...

Federal Court approves BT Super $30m settlement

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
The Federal Court approved the $29.95 million class action settlement against Westpac after subsidiaries BT Funds Management (BTFM) and Westpac Life Insurance Services (WLIS) allegedly failed to manage conflicts of interest when investing BT Super member ...

RBA names new chief economist

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... Economic Research departments. Sarah Hunter assumes the position, taking over from Luci Ellis who resigned in July to become Westpac's chief economist, with her tenure beginning on 29 January 2024. Hunter currently oversees the analysis of current conditions ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... customers who experienced loss or detriment due to fees-for-no-service misconduct or non-compliant advice. These include Westpac and its affiliates being fined $40 million, AMP incurring a $14.5 million penalty, NAB being ordered to pay $18.5 million ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
Soaring interest rates bolstered Westpac home and business loan books which ultimately saw the bottom line jump by 26% to $7.2 billion. The major bank's full-year performance to September reaped from $70 billion worth of home loans that transitioned ...
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