westpac

Editorial

While much of the debate around NAB/MLC’s acquisition of AXA Asia Pacific has focused on who controls which dealer group, Mike Taylor argues that control of the platforms...

Editorial

Big four banks throw their weight around

The global recession generated by the sub-prime crisis has served to reinforce the dominance of Australia’s major banks across almost all segments of the nation’s financi...

Financial planning

Westpac expands direct share offering

Westpac Online Investing will offer market data, portfolio management, access to Aegis Research, Reuters newsfeeds and analysis from Morningstar....

Financial planning

Banks carve up platform market

Control of the Australian platform market has nearly halved in the past four years to be dominated by three of the nation's big four banks, a situation that would be exac...

Financial planning

Business client satisfaction with big four down over 2009

All four of the big banks saw a fall in satisfaction levels from their business banking clients in the second half of 2009, according to a business banking customer satis...

Financial planning

Cautious optimism for top four banks

The country’s top four banks, ANZ, Commonwealth, NAB and Westpac, are emerging from the global financial crisis in relatively good shape but challenges remain ahead, acco...

Financial planning

BTIM looks to ramp up fees

BT Investment Management (BTIM) chairman Brian Scullin believes a number of smaller boutique funds management groups are still yet to fail, despite saying his group’s mul...

People & Products

Coombe to leave BT Financial Group

To be succeeded by former Westpac New Zealand chief executive Brad Cooper, with Coombe taking up a group executive role in Westpac’s retail and banking business....

Editorial

Mergers and acquisitions: unexpectedly branded

While some might argue mergers and acquisitions activity has not significantly altered the competitive dynamic of the nation’s financial services industry, it has certain...

Financial planning

BDMs and lawyers pose risk to simple advice

The former chief executive of Westpac, David Morgan, has warned that overly competitive BDMs and excessively conservative lawyers could get in the way of simple advice....

Financial planning

Master trusts and wraps: Playing in the major league

While AXA’s North products have attracted significant inflows over the past 12 months, Mike Taylor writes that the platforms and wraps industry continues to be dominated ...

Financial planning

Research confirms big banks dominate mortgage market

CoreData research has confirmed that the major banks are dominating the mortgage market, with Westpac and Commonwealth Bank holding 48.9 per cent of all outstanding resid...

Editorial

Westpac profit down 11 per cent

Westpac chief executive Gail Kelly describes result as sound in a challenging year....