Westpac profits
Westpac warns $954m profit hit from one-off impairments
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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1. Hang Seng unveils MTR Jordan Station Retail Banking Centre 2. HSBC, Allianz Life launch wealth growth and life protection plan in Malaysia 3. OCBC, Ant Int’t to deliver embedded financial services to Indonesian SMEs 4. Citi nabs BofA banker to lead Chinese banking operations 5. Visa launches AI-powered commerce initiativeResource Center
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BCG’s Tushar Agarwal emphasises that transformation relies on mobilising people and understanding their motivations
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?