CompaniesChanticleerPrint articleChanticleerWestpac confession can drive real changeBy releasing a harshly critical self-assessment of its culture and governance, Westpac has created a real catalyst for change.Jul 12, 2019 – 12.00amSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginAustralia's big banks are too big to fail. Are they also too big to manage?That's the question posed by Westpac's self assessment of its culture, governance and accountability, which it released on Thursday after being ordered by the prudential regulator to hold an extra $500 million in capital because of its failings in this area.Loading...James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.comSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreChanticleerWestpac Banking CorporationAPRAHayne falloutOpinionLatest In Financial servicesFetching latest articlesMost Viewed In ChanticleerThe Australian Financial Review MagazineVapes are knock-off cigarettes. Fashion insiders should know betterLauren SamsThe top whisky you can buy without going on a waiting listThe luxury travel trend you probably haven’t consideredBOSS Financial ReviewForget WFH – what it’s really like to ‘work from anywhere’Rachael BoltonThe US governance model taking over Australian boardroomsThis CEO wakes at 5am, but doesn’t get in to work till 10amLife & LeisureWe thought we’d bought Premier League tickets. Here’s what happenedJulia FederThe blood test that could help supercharge your healthWhy you’re seeing cutting-edge art when checking into high-end hotelsRich ListBillionaire Geminder mulls asset sales at struggling Pro-Pac businessSimon EvansFederal Court date looms for Iren crypto brosBillionaires Escalante and Arnaout taking liberties with ASIC