Search ResultsShowing 1 - 10 of 78 results for "Westpac Group"
APRA joins in on Westpac scrutiny
ELIZA BAVIN  |  TUESDAY, 17 DEC 2019
... investigation and said it is committed to cooperating with APRA in all aspects of its investigation and review. Westpac group chairman Lindsay Maxsted said Westpac has accepted the gravity of the issues presented by AUSTRAC. "As previously stated, these ...
ASIC launches investigation into Westpac
ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... of $2.1 million. While King steps up, chief operating officer Gary Thursby will act as chief financial officer. Westpac Group chair Lindsay Maxstead is bringing forward his retirement to the first half of next year too. The bank has been accused of 23 ...
Brian Hartzer steps down from Westpac
ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... as chief financial officer. As acting chief executive, King will be paid a fixed remuneration of $2.1 million. Westpac Group chair Lindsay Maxsted said King has had a "long and distinguished career at Westpac." "The board has asked [King] to focus on ...
BT faces fees for no service class action
ELIZABETH MCARTHUR  |  FRIDAY, 6 SEP 2019
... seeking the best returns available for members, it appears BT chose to line the pockets of another entity in the Westpac group at the expense of its members," Rapoport said. "In recent years Westpac Life actually achieved reasonable returns on members' ...
Genetic tests no barrier to life insurance
ELIZABETH MCARTHUR  |  THURSDAY, 27 JUN 2019
... line with the UK, Switzerland, Germany, Holland and Sweden. At the recent Actuaries Institute Summit in Sydney Westpac Group director of insurance, finance Jessica Chen provided insight into genetic testing in the life insurance industry. She said genetic ...
Westpac names business arm chief executive
KARREN VERGARA  |  WEDNESDAY, 19 JUN 2019
... its newly formed business division after announcing a group restructure in March. Guilherme (Guil) Lima joins the Westpac group from HSBC, where he was most recently group head of wealth management for the last two years. He spent a further six years ...
Westpac profits down 24%, dividend flat
KANIKA SOOD  |  MONDAY, 6 MAY 2019
... the bank dealing decisively with outstanding issues, including remediation and resetting out wealth strategy," Westpac group chief executive Brian Hartzer said. The past six months has been a turning point for the bank, he added. "We are proactively ...
Group risk inflows slow at CommInsure, AMP
KANIKA SOOD  |  MONDAY, 15 APR 2019
... the lump sum market, swelling by 1.9% over the year ending December 31. Premium inflows declined the most at BT/Westpac Group (3%) while the biggest increase was seen by TAL (13.7%). The total risk market inflows stood at $16.3 billion up 1.9% over the ...
Westpac exits personal advice, restructures leadership
JAMIE WILLIAMSON  |  TUESDAY, 19 MAR 2019
... to sell a number of advisers to Viridian Advisory. BT Financial Group will cease to be a standalone division of Westpac Group. Further, Westpac will no longer provide personal financial advice, moving instead to a referral model using a panel of advisers ...
TCorp sets green bond record
DARREN SNYDER  |  WEDNESDAY, 14 NOV 2018
... support the United Nations' Sustainable Development Goals (SDGs) and will be offered exclusively to clients of Westpac Group. The bonds' returns are linked to an index that tracks the stock performance of companies advancing global development ...
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