ASX loses 0.4pc as gold rally stalls
Shares jumped as much as 1.2pc intraday but closed down 0.4pc as gold miners pared gains and Westpac took a hit.
Westpac
Will Gonski’s personal stamp on ANZ endure?
Recent events haven’t provided the best platform to launch a run for the ANZ chairman’s position.
Bank of America buying debt
Other lenders to offload loans in recent days have included NAB, Societe Generale Group, Bank of Ireland and Westpac.
Westpac reports huge increase in Austrac breaches
Westpac has announced a massive increase in the number of problem financial transactions it failed to report to financial crimes regulator Austrac.
Westpac: budget estimate too optimistic
Westpac’s chief economist says the federal government is being too optimistic about the budget blowout which is expected to occur from the COVID-19 pandemic.
Can you still bank on the banks?
Risks are rising all around but the hunt for yield is well and truly on. Where does that leave bank investors used to generous dividends?
Westpac builds post-Austrac team
Westpac chief Peter King is rounding out his leadership team after the recruitment of Deutsche Bank’s Anthony Miller to head his institutional division.
Westpac lures Deutsche executive
Westpac has confirmed Deutsche Australia boss Anthony Miller as the new head of its institutional bank.
$A to rise with improved Chinese economy
Westpac’s chief economist Bill Evans outlines why he believes the Australian dollar will continue to rise for the remainder of the year.
Dividend clamps set to be eased
The bank regulator will relax some of the restrictions imposed on dividends paid by the financial sector, but still wants ‘prudence’.
New class action over use of ‘flex commission’ loans
Westpac and its subsidiary St George Finance have been hit with a second class action suit over its past use of now-banned “flex commission” consumer car loans.
Westpac admits ‘immature’ risk culture
Westpac has ramped up its change program as a deep-dive review finds parts of its risk culture are “immature and reactive”.
ASIC mulls Westpac appeal
ASIC will decide in coming days whether to appeal Westpac’s “wagyu and shiraz” court win on responsible lending.
Lockdown fear haunts consumers
Consumer confidence has fallen, according to Westpac, as the economy faces a second lockdown due to COVID-19.
Expect banks to raise loan loss provisions
The deferral of loans now until the year’s end might create a new cliff for the economy.
Consumer confidence set to fall further
Westpac’s confidence gauge sank 6pc in July as Melbourne faced a new virus lockdown, but before Sydney’s fresh outbreak.
Three to go on King’s Westpac exco
Westpac’s Peter King has filled the vacant CFO position, leaving a further three senior executive appointments yet to be finalised.
Westpac appoints new CFO
Westpac has appointed a new chief financial officer concluding a six month job search which was sparked by its AUSTRAC scandal.
KPMG partner named new Westpac CFO
Westpac has chosen a KPMG partner to take over from acting CFO Gary Thursby.
Wirecard Australia appoints voluntary administrator
Staff told a sale process has failed to find a buyer for the operations.
Original URL: https://www.theaustralian.com.au/topics/westpac/page/45