News: Westpac Banking Corp (WBCPB.AX)
17 Sep 2014
ZURICH, May 26 Swiss bank UBS has recruited former Westpac Chief Executive Gail Kelly as a senior global adviser to its top management, according to a memo seen by Reuters.
SINGAPORE, May 25 (IFR) - Westpac Banking Corporation has priced a A$2.3 billion (US$1.7 billion) offering of five-year dual-tranche senior unsecured medium-term notes, including its debut climate bond.
SYDNEY, May 9 Two of Australia's biggest banks on Monday said they are investigating suspected fraud involving false declarations by a number of home loan borrowers who rely on foreign income.
SYDNEY, May 6 Westpac Banking Corp, Australia's No.3 lender, will launch a new money transfer service in June, according to a letter seen by Reuters, more than a year after it forced several remitters out of business by closing their bank accounts.
MELBOURNE, May 2 Australian and New Zealand shares fell on Monday, hurt by the big banks after a rise in bad debts marred no.3 lender Westpac Banking Corp's half-year results, but gains in Telstra and miners helped trim the market's losses.
* Westpac shares hit nearly 3-week lows on Monday (Updates with fresh CEO comments, shares)
MELBOURNE, May 2 Australian shares are poised to fall on Monday after Chinese manufacturing data for April cast doubt over the strength of a pick-up in the economy and no.3 lender Westpac Banking Corp reported weaker-than-expected half year earnings. Local share price index futures fell 0.1 percent ahead of the Chinese data and Westpac's results to 5,225.0. The benchmark rose 0.5 percent last Friday. New Zealand's benchmark S&P/NZX 50 index slipped 0.2 percent to 6,804.76 in
SYDNEY, May 2 Australia's No.3 lender Westpac Banking Corp on Monday reported a 3 percent rise in first-half cash profit, lagging forecasts as higher debt impairment charges hurt growth while a significant increase in capital pinched on shareholder returns.
SYDNEY Australia's securities regulator said on Tuesday it has started legal action against Westpac Banking Corp for allegedly fixing the bank bill swap reference rate (BBSW), an allegation the bank said it rejects.
* Westpac is second Australian bank to be targeted (Adds detail from court filings)