Jun 4, 2025
Westpac unit to settle conduct oversight probe with Australia's securities regulator
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Westpac unit to settle conduct oversight probe with Australia's securities regulator
Please enable JS and disable any ad blocker Continue Reading
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Australia’s Westpac says ‘worst is behind us’, finance demand for M&A stronger
By Scott Murdoch and Christine Chen SYDNEY (Reuters) -The CEO of Australia’s second-largest home lender Westpac said on Tuesday the nation’s economy was showing signs of recovery with reduced mortgage stress and rising demand for corporate buyout activity. Chief Executive Anthony Miller said Westpac had seen an improvement in mortgage stress levels, highlighted by fewer loans that were more than…
"I've got bills I gotta pay."
Joss spoke confidently of Westpac having a strategy that was working but many in his audience were yet to be convinced.
"Westpac: The Bank That Broke the Bank" - Edna Carew
John Uhrig's response to those who say that Westpac's culture had changed was emphatic: 'We deliberately set out to change Westpac's culture,' he said in an interview for this book in March 1997.
"Westpac: The Bank That Broke the Bank" - Edna Carew
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Working in its favour, Westpac had a sound capital base and it had good businesses to sell, such as those in the US and Asia.
"Westpac: The Bank That Broke the Bank" - Edna Carew
A small, private dinner held later in the year, attended by the board, a few senior executives and a handful of former executives.
"Westpac: The Bank That Broke the Bank" - Edna Carew
The outgoing and ambitious Morgan was told to subdue his public profile.
"Westpac: The Bank That Broke the Bank" - Edna Carew