North Hill ‘circling’ Hastings
Northhill is believed to be the latest party circling Westpac’s Hastings Funds Management.
Westpac
Is ‘boring Bill’ right again?
With Sydney property prices slowing, the case for rate hikes is fading and one economist is once again looking prescient.
‘They thought they could rig rate’
Emails show bank’s traders thought they could manipulate the BBSW to Westpac’s advantage, court hears.
Westpac in so deep it ‘fixed rate’
Emails between Westpac executives and traders have revealed the level fruity language used on the bank’s floor.
Westpac rolls the BBSW dice
After ANZ and NAB settled with ASIC, Westpac is going it alone in defending against rate-rigging allegations.
Westpac BBSW trial to go ahead
Westpac will head to court Tuesday morning, as ANZ and NAB sign agreements with ASIC over the rate rigging case.
Defiant Westpac defends traders
Westpac trader Colin Roden’s fear was that borrowers would find out bankers were ‘trying to stitch people up’.
Westpac going it alone on rates
ANZ and NAB have struck settlements with ASIC over allegations of rate-rigging, leaving Westpac to go it alone.
Mum’s the word at Westpac
It’s not easy running a start-up. Just ask financial services outfit Crestone’s Mike Chisholm.
Westpac scraps ‘outdated’ fees
Westpac has announced it is getting rid of ‘outdated’ limits on free personal account transactions from November 1.
Westpac blasted for Yes email
Westpac has been accused of ‘blackmailing’ staff into supporting same-sex marriage.
Crows boss banks on main game
Adelaide Crows chairman and ex-Westpac banker Rob Chapman values a message this week from former boss Gail Kelly.
Westpac sticks by wealth unit
Westpac chairman Lindsay Maxsted has indicated the bank has no plans to offload its wealth management.
Winder takes top job at Hastings
Westpac has named Terry Winder as the new chief executive of its infrastructure manager, Hastings Funds Management.
Sentiment ‘weakest since GFC’
Falls in consumer sentiment mark the weakest succession of reads since 2008, says Westpac.
Westpac’s $40m boosts ZipMoney
Shares in start-up ZipMoney surged 19 per cent yesterday after it secured a $40 million investment from Westpac.
Bank tax hurts economy: Westpac
Westpac boss Brian Hartzer has taken aim at the federal government’s bank levy and South Australia’s proposed tax.
Westpac to sell out of BTIM
Westpac is offloading a $730m stake in BT Investment Management, with plans to exit its holding entirely.
Growth prospects ‘discouraging’
Economic growth in 2018 will face headwinds in slowing exports, weak wage growth and slower housing construction, says Westpac.
$6bn hit a ‘stealth tax on all’
The government’s $6bn tax on the big banks was a ‘stealth tax’ on the life savings of millions of Australians.
Bank levy to hit Aussies: CBA
Chief Ian Narev joins Westpac’s Brian Hartzer, says $6.2bn bank levy to hit savers and investors.
‘No case’ to carve up banks
Westpac CEO Brian Hartzer has signalled he will strongly resist pressure to spin off the bank’s wealth unit, BT.
Funds back Westpac on Adani
ACSI chief Louise Davidson says investment decisions based on environmental and social factors are “hard-headed’’.
Cash, not climate, real concern
Westpac’s announcement that it would refuse to finance the Adani mine appears to be ‘virtue signalling’.
Westpac ‘wimps’ over mine loan
Resources Minister Matt Canavan called for a boycott of the bank for buckling to the demands of “noisy activists”.
On the plus side
AFP head Andrew Colvin ambled out to explain how one of his troops had illegally accessed a journalist’s phone records.
Bank ‘puts activists over jobs’
Resources Minister Matthew Canavan attacked Westpac for overhauling coal lending policy in response to protests.
Westpac caves on coal lending
Westpac has overhauled its coal lending policy in response to protests, restricting funding options for the Adani mine.
Westpac hikes fixed rate loans
Westpac’s latest rate increase will hit owner-occupiers harder than investors.
How banks spun ASIC message
ASIC regularly bowed to pressure from the big end of town to water down press releases, documents reveal.
Original URL: https://www.theaustralian.com.au/topics/westpac/page/41