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....

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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...

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Life/Risk

The bank will sell its life insurance arm to Fidelity Life Assurance Company in its latest step to simplify the business....

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Financial planning

Westpac has decided to retain Westpac New Zealand after discussions about whether a demerger was in the best interests of shareholders. ...

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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...

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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....

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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....

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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....

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People & Products

Anthony Miller will be the new chief executive of Westpac Institutional Bank....

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People & Products

Former ANZ chief financial officer, wealth, Michael Rowland has been appointed as Westpac CFO, commencing later in the year....

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Policy & Regulation

Westpac has confirmed the career and salary consequences that has flowed from its AUSTRAC scandal....

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Funds management

Faced with COVID-19 factors, Westpac has announced new and increased provisioning and asset write-downs totalling around $1.4 billion....

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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

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks 4 days ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

1 week 2 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

5 days 2 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

4 days 6 hours ago