Search Results | Showing 1 - 10 of 12 results for "Westpac Pacific" |
| | ... elsewhere," Westpac chief executive Peter King said. The Specialist Businesses Division, which operates BT Panorama, Westpac Pacific, margin lending, and retail auto finance, contributed $605 million in profit. Since its formation in May 2020, the division ... |
| | | ... platforms, superannuation and retirement products, investments, general and life insurance, auto finance, and Westpac Pacific. Jason Yetton was appointed to lead the review of each business and, in the three years since, executed the divestment of most ... |
| | | ... this comprised superannuation and retirement products, investments, general and life insurance, auto finance, and Westpac Pacific. Of these, nine have been sold off. Only Westpac Pacific remains, after an unsuccessful attempt to sell it to Kina Securities ... |
| | | ... BT's personal and corporate superannuation funds and the sale of Advance Asset Management to Mercer. Platforms, Westpac Pacific, margin lending and auto finance business currently remain. Specialist Businesses' net profit rose a whopping 273% ... |
| | | Papua New Guinea's consumer regulator, the Independent Consumer and Competition Commission (ICCC), has denied Westpac's sale of its Pacific business to Kina Securities. Kina Securities was set to pay $420 million for Westpac Fiji and 89.91% of Westpac ... |
| | | ... insurance needs by partnering with TAL." In the last year, Westpac has also ditched its lenders mortgage insurance, Westpac Pacific, auto finance and New Zealand life insurance businesses, and separated its general insurance and vendor finance busine ... |
| | | ... offload its specialist businesses and ramp up its digital transformation. Westpac has already sold Vendor Finance, Westpac Pacific, General Insurance and Lenders Mortgage Insurance. The remaining businesses to be sold include Westpac Life Insurance ... |
| | | ... to lenders mortgage insurance. Furthermore, the bank recorded an accounting loss of $113 million on the sale of Westpac Pacific along with transaction costs and divestments. However, Westpac noted these losses were offset partially due to a net gain ... |
| | | ... is underway and the exit of several units are progressing. This included the sale of Westpac General Insurance, Westpac Pacific and NZ Wealth advisory; returning 300 out of 1000 offshore jobs to Australia and ending its relationship with IOOF. |
| | | ... compliance costs. Insurance recorded a net loss of $480 million due to bushfires, storms and lower premiums, while Westpac Pacific recorded $11 million cash profit down $58 million over the year. Westpac recorded positive results for BT Panorama with ... |
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