John McFarlane will be the new chair of the Westpac board while current chair, Lindsay Maxsted, and board member, Anita Fung, will retire....
Former ANZ Group chief executive, John McFarlane has been announced as the chair-elect of Westpac and will be responsible for appointing the bank’s next chief executive....
The authority has increased the bank’s capital requirement to $1 billion and will focus on directors and senior managers that breached the Banking Act in relation to the ...
Westpac has announced the appointment of a board financial crime committee and Promontory Financial Group to undertake financial crime program review and external account...
Westpac has withheld the bonuses of its most senior executives and some of its general management until it determines who should be held accountable for its alleged AUSTR...
Westpac has admitted that it did not fully appreciate the underlying risks entailed in running a financial planning business....
Westpac chairman, Lindsay Maxsted has admitted the big banking group did not sufficiently recognise the risks in its financial planning business....
trustees are already requesting such confirmations when advisory fees (even via fixed term agreements) are deducted from...
CSLR should be broken down into 2 sub sectors, one for product manufacturers and one for financial advisers. Product ma...
We must stand up and show our opposition to both the ASIC Levy and CSLR as they both contribute to the high cost of advi...