Westpac
Westpac appoints Kate Dee as chief people officer
Westpac appoints Kate Dee as chief people officer
She has been the chief people officer of Bupa Asia Pacific since 2018.
Westpac unveils block option that stops retail transactions
It can be activated via the Westpac app or online banking platform.
Westpac expands female entrepreneurs fund to A$1b
The first A$500m has reportedly helped over 1,155 start or grow their businesses.
Australia’s Westpac unveils the Social Tailored Deposit
The minimum deposit is A$1m and will be directed to socioeconomic initiatives.
Westpac cuts home loan, deposit interest rate by 0.25%
Westpac Life and Westpac eSaver rates are affected.
Westpac lets home loan clients set-up offset accounts with no extra fees
Home loan customers can create up to 10 offset accounts.
Westpac CEO welcomes changes to Australia’s home lending regulations
The bank suggested a more flexible approach to risk tolerance in property construction in select cases.
Australian banks’ dividends to stay flat amidst cash earning pressures
The higher payouts in H1 were to establish shareholders’ confidence, S&P said.
Australian regulator removes Westpac add-on liquidity requirement
The removal of the add-on takes effect this 1 September.
Westpac hit with protest vote against exec pay plans: report
The Australian lender faces paying up to $81m for charging fees to dead people.
Westpac capital position to remain strong following A$3.5b buyback
Westpac is one of Australia’s four major lenders.
Westpac warns $954m profit hit from one-off impairments
It is also hit with one-off costs from the sale of its insurance arm and specialist business.
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Why high capital levels are a double-edged sword for Singapore banks