westpac

Australia’s Westpac scraps dividend as coronavirus crisis squeezes capital

This post was originally published on this siteSYDNEY (Reuters) – Westpac Banking Corp (WBC.AX) scrapped its interim dividend on Tuesday, becoming the first major Australian bank to

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Westpac scraps first-half dividend due to uncertain outlook

This post was originally published on this siteWestpac has axed its first-half dividend due to the uncertain economic environment, as the coronavirus pandemic crunches profit margins and prompts

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UPDATE 1-Westpac to move 1000 overseas call centre jobs to Australia

This post was originally published on this site(Adds details of where the jobs will come from and CEO comment). July 29 (Reuters) – Westpac Banking Corp said on Wednesday it will bring back

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Westpac names Rowland as finance boss

This post was originally published on this siteWestpac has named KPMG partner Michael Rowland as its new chief financial officer amid management changes at the bank. Mr Rowland currently works in

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Westpac vows to lift game after ‘serious failure’ in AUSTRAC scandal

This post was originally published on this siteWestpac chairman John McFarlane has vowed the bank will lift its game on risk management after two major investigations blamed technology failures,

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Mission impossible? Westpac panel highlights directors’ dilemma

This post was originally published on this siteIn any corporate scandal, there are always two key questions to pose to determine the responsibility of the non-executive directors. What should the

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‘Sins of Omission’ at Heart of Westpac Money-Laundering Breaches

This post was originally published on this siteDeficient financial crime processes and “poor individual judgments” were at the heart of Westpac Banking Corp.’s breach of

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Westpac rules out tapping into home loan redraw facilities after ME Bank’s move sparked outrage

This post was originally published on this siteWestpac says it is not going to take cash from accounts linked to its customers’ home loans to help it reduce the risk of mortgage defaults,

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Work from home? ANZ narrowly avoids IT problems as ASX, Westpac staff infected

This post was originally published on this siteANZ Bank has brushed off a brief scare about its IT systems not being capable of supporting large number of staff working from home, as a staff

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9.3% Dividend yield, is the Westpac share price a buy?

This post was originally published on this siteIs the Westpac Banking Corp (ASX: WBC) share price a buy for its grossed-up dividend yield of 9.3%?. The big four ASX bank has seen its share price

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