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Westpac To Bring 1,000 Jobs Back To Australia
Westpac Updates On Threshold Transaction Report Filings
Westpac Appoints Anthony Miller As Chief Executive, Westpac Institutional Bank
Westpac Banking Corporation is a banking organization. The Company provides a range of banking and financial services in these markets, including consumer, business and institutional banking and wealth management services. The Company’s operations consist of various divisions including Consumer, Business, Westpac Institutional Bank (WIB) and Westpac New Zealand. Consumer division is responsible for sales and service to consumer customers in Australia. Business division provides business banking and wealth facilities and products for customers across Australia. WIB delivers a broad range of financial products and services to commercial, corporate, institutional and government customers operating in, or with connections to Australia and New Zealand. Westpac New Zealand is responsible for sales and service of banking, wealth and insurance products for consumer, business and institutional customers in New Zealand.
Money Center Banks
L 18 275 Kent St
Non-Executive Independent Chairman of the Board
Peter Francis King
Chief Executive Officer, Managing Director, Executive Director
Chief Financial Officer
Chief Executive of Business division
David Alexander McLean
Chief Executive Officer - Westpac New Zealand Limited
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Westpac Banking Corp said on Wednesday it will bring back 1,000 call centre jobs to Australia from overseas to meet growing demand for customer assistance due to the coronavirus pandemic.
Westpac Banking Corp said on Wednesday it will bring back 1,000 mostly call center jobs to Australia from overseas to meet growing demand for customer assistance due to the coronavirus pandemic.
Westpac Banking Corp said it gave updated information on more than 500,000 threshold transactions to Australia's financial crime regulator that it had not reported or were incomplete amid allegations it enabled millions of illegal payments.
Australia's corporate watchdog said on Wednesday it would not appeal the Federal Court's dismissal of its lawsuit accusing Westpac Banking Corp <WBC.AX> of failing to meet responsible lending obligations in approving mortgages.
Westpac Banking Corp <WBC.AX> said on Friday a regulator-ordered report found the lender had not made enough improvements to its risk management and culture even after it was sued for allegedly enabling payments between known child exploiters.
Westpac Banking Corp said on Friday it was launching a multi-year programme to fix shortcomings in its management of non-financial risk that an internal report found to be "immature and reactive".
Westpac Banking Corp said on Friday it has been served with a class action over commissions paid to auto dealers between 2013 and 2018 that are alleged to have led to higher interest rates for car loans.
Westpac Banking Corp <WBC.AX> on Tuesday named KPMG partner Michael Rowland as its chief financial officer, filing the last of its top three positions with permanent appointees more than six months after facing a major money-laundering scandal.
Westpac Banking Corp on Tuesday named KPMG partner Michael Rowland as its chief financial officer.
Australia's Westpac Banking Corp <WBC.AX> on Friday said it will have to pay A$8 million ($5.5 million) to around 8,000 employees who were found to have been underpaid their long-service leave entitlements due to calculation errors.
Australia's Westpac Banking Corp on Friday said it will have to pay A$8 million ($5.54 million) to around 8,000 employees who were found to have been underpaid their long service leave entitlements due to calculation errors.
An Australian appeals court on Friday threw out a regulator lawsuit against Westpac Banking Corp, saying the country's second largest lender's method for determining whether homebuyers could service their mortgages had not broken the law.
Australian Securities & Investments Commission :
Westpac Banking Corp <WBC.AX> said on Thursday it has agreed to sell its remaining 9.5% stake in fund operator Pendal Group Ltd <PDL.AX> to institutional investors for about A$185.4 million ($128 million).
Westpac Banking Corp said on Wednesday it would sell its remaining 9.5% stake in fund operator Pendal Group Ltd for about A$185.4 million ($128.26 million).
* APRA - ASIC IS INVESTIGATING CERTAIN CONDUCT IN CONNECTION WITH MATTERS ALLEGED BY AUSTRAC IN PROCEEDING AGAINST WESTPAC
Australia's financial crime watchdog may add additional breaches of anti-money laundering laws related to suspected child exploitation transactions to its lawsuit against Westpac Banking Corp, the bank said on Friday.
Australia's Westpac Banking Corp on Friday said it was notified by the financial crime watchdog that it may include additional allegations of wrongdoing in its case against the lender for breaching anti-money laundering laws.
* AUSTRAC HAS NOTIFIED WESTPAC IT MAY AMEND ITS STATEMENT OF CLAIM TO INCLUDE ALLEGATIONS ARISING FROM THESE INVESTIGATIONS
Australian lender Westpac Banking Corp <WBC.AX> on Thursday blamed "faults of omission" and "not intentional wrongdoing" for breaching anti-money laundering and counter-terrorism laws.
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