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Showing 1 - 10 of 100+ results for "Westpac"

Westpac architects new institutional banking platform

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
Westpac has begun work on a new transactional platform for institutional clients, using UK technology provider 10x Banking to provide the core technology. The two companies have signed a letter of understanding that's built on an existing three-year ...

Former adviser sentenced over dishonesty

JAMIE WILLIAMSON  |  TUESDAY, 17 MAY 2022
... to Libertas, Nesseim was authorised by Fortnum Private Wealth and was also an executive business financial adviser at Westpac.

Risk inflows hit $17.6bn last year: Analysis

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
... (7.5%) and AIA (7.3%) saw above average (5.5%) inflow growth. There was a 2.2% growth in total new premium sales, with BT/Westpac, TAL and Zurich all recording double digit increases in sales; BT/Westpac's was substantial at 25%. However, AIA, Resolution ...

Pendal sees profits rise, to focus on costs

JAMIE WILLIAMSON  |  TUESDAY, 10 MAY 2022
... strengthening ESG integration in its products, and migrating its middle and back office to Northern Trust while transitioning off Westpac's support services. Pendal chief executive Nick Good said the group remains focused on implementing its multi-year ...

Westpac reports $3.1bn in cash earnings

ANDREW MCKEAN  |  MONDAY, 9 MAY 2022
... dropped due to competitive pressures on net interest margins and reduced credit impairment benefits. More promisingly, Westpac's earnings were up 71% compared to the second half of last year due to the success of its cost reset program. The bank maintained ...

NAB evades AUSTRAC fine for non-compliance

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
... issues related to anti-money laundering and counter-terrorism financing (AML-CTF) laws. Unlike the Commonwealth Bank and Westpac which received gargantuan fines for AML-CTF breaches, NAB has accepted an enforceable undertaking from AUSTRAC without pecuniary ...

Mirae appoints to newly created alternatives role

CHLOE WALKER  |  WEDNESDAY, 27 APR 2022
... alternative investments. In this role, Poon will report to Mirae Asset's head of alternatives Luke Gersbach. Poon joins from Westpac, boasting over 10 years' experience, where he held multiple roles across the institutional business, including corporate ...

Integrity Life appoints chief technology officer

ELIZABETH MCARTHUR  |  TUESDAY, 26 APR 2022
... chief technology officer with Saxo Bank in Denmark. Prior to joining Saxo, Khurana held several executive positions with Westpac and Macquarie Group. "I'm delighted to welcome Ashish to Integrity Life as chief technology officer," Integrity Life chief ...

Six cases brought against Westpac now finalised

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
The six Federal Court cases brought against Westpac by ASIC late last year have been finalised, with the banking giant to pay a total of $113 million in penalties. A decision in the final of the six matters, all overseen by Justice Beach, was handed ...

Westpac giving away BT super business

ELIZABETH MCARTHUR  |  FRIDAY, 22 APR 2022
Westpac continues to seek to offload its BT superannuation business, with the bank now willing to transfer the business for no financial consideration. "In preparation for the exit of our superannuation business, the carrying value of our superannuation ...
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