ASX closes lower amid US futures dip
Stocks pared a 0.6pc intraday rise to finish lower amid a dip in US futures.
Westpac
Doubt over Westpac dividend
Investors to turn attention to whether Westpac will pay second-half dividend, after it warned cash earnings to take $1.22bn hit.
Banks set to deliver $11bn in profits
The major lenders are forecast to hand down full-year profits of around $11bn in the coming days.
Hutton leaves the beach
Former Goldman Sachs partner and Australian head of securities Nell Hutton has sold her Hamptons-style Umina absolute beachfront property.
RBA bond buying could be open-ended
Westpac chief economist Bill Evans argues that the RBA could go for an open-ended target for an expanded bond buying program.
Westpac ‘offloading Zip Co holding’ through UBS
Investment bank UBS is working on a $366m selldown of shares by Westpac in by now pay later provider Zip Co.
Westpac $1.3bn Austrac fine backed by court
Westpac’s ‘serious and systemic’ compliance failures exposed Australians to heightened risks from criminal behaviour, court says.
Afterpay tops $100 a share on Westpac tie-up
The record share price means the combined wealth of co-founders Anthony Eisen and Nick Molnar is now more than $4bn.
BNPL’s rise shines light on payments
Afterpay’s white label deposit deal with Westpac does more for the start-up than it does for the bank.
ASX firmly lower; Afterpay jumps on Westpac link
The ASX 200 closed down 0.7pc, S&P reaffirmed Australia’s AAA rating and Crown made concessions about money-laundering at the Melbourne casino.
Westpac makes risk review pick
Westpac has brought in consultants to conduct a sweeping risk management review, as CEO Peter King attempts to rectify compliance failures.
A new world of banking emerges
Afterpay’s “banking as a service” deal with Westpac raises a number of fundamental questions, some of them existential.
Fintech juggernaut’s next big move
A major buy now, pay later company has teamed up with a big four Australian bank to offer a new banking product that will be available next year.
Afterpay, Westpac in banking tie-up
The pair’s partnership will enable the fintech darling to offer banking services through Westpac’s digital platform.
Confidence up, but ASX finishes firmly lower
Consumer confidence hit a 3-month high, but the ASX finished firmly lower, snapping a 7-day winning streak.
Westpac cuts Asian operations, axes 200 staff
Westpac to pull back from the region to focus on its core Australia and New Zealand business.
Confidence soars on federal budget boost
For the first time since 2010 most Aussies say the budget will improve their finances, putting a rocket under Westpac’s consumer index.
KKR moves on Westpac’s assets
Private equity firm Kohlberg Kravis Roberts is believed to be making early advances at Westpac’s wealth assets that are soon expected to hit the market.
Spending to create jobs makes sense
The 2020 federal budget was like no other, but we might need more bold decisions to right the ship, says Westpac’s Bill Evans.
Big 4 mortgages could drop under 2%
Big four bank mortgages could go below 2 per cent if the RBA cuts the cash rate on Tuesday, RateCity says.
Original URL: https://www.theaustralian.com.au/topics/westpac/page/41