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PETER KING
Features
Although seemingly having good intentions for the public, Chris Dastoor writes, political battle lines have taken priority in the common ownership inquiry....
Superannuation
Accused of being the power brokers behind the ousting of former Westpac chief executive Brian Hartzer, a Parliamentary enquiry has questioned two of the big four banks wh...
Life/Risk
The bank will sell its life insurance arm to Fidelity Life Assurance Company in its latest step to simplify the business....
Financial planning
Westpac has decided to retain Westpac New Zealand after discussions about whether a demerger was in the best interests of shareholders. ...
Life/Risk
Westpac has announced it will sell its General Insurance and General Insurance Services to Allianz for $725 million and has entered into an exclusive 20-year distribution...
Policy & Regulation
Westpac has broken new ground, agreeing with AUSTRAC to go to the Federal Court for acceptance of a $1.3 billion penalty relating to its AMLCTF breaches....
Financial planning
The big four bank will bring back jobs to improve its operations and customer support in response to demand from the COVID-19 pandemic....
People & Products
Scott Collary has been appointed as chief operating officer of its new group operating office, while group executive Gary Thursby will leave the bank early next year....
People & Products
Anthony Miller will be the new chief executive of Westpac Institutional Bank....
People & Products
Former ANZ chief financial officer, wealth, Michael Rowland has been appointed as Westpac CFO, commencing later in the year....
Policy & Regulation
Westpac has confirmed the career and salary consequences that has flowed from its AUSTRAC scandal....
Funds management
Faced with COVID-19 factors, Westpac has announced new and increased provisioning and asset write-downs totalling around $1.4 billion....
Financial planning
The bank’s chief executive told its annual general meeting that it would recruit 200 people in compliance and financial crime areas....
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MARKET INSIGHTS
Podcast
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...