(Reuters) -Australia's Westpac Banking Corp said on Monday its third-quarter net profit was largely in line with a year ago, as increased earnings from capital and hedged deposits counterbalanced ...
(Reuters) -Australian lender Westpac said on Thursday it had recognised a restructuring charge of A$273 million ($177.72 million) in the second half of fiscal 2025, as part of its productivity ...
Westpac has gutted several of its business teams, slashing 204 jobs in February, with the banking union warning more cuts are likely in the coming months.
Going forward, the bank intends to continue to issue long-term securities in the U.S. market, including under Rule 144A and section 3 (a) (2) of the United States Securities Act of 1933, as amended, ...
Australia’s economic growth could be in for a rough patch in the next six to nine months. With high interest rates, rising ...
Westpac recently noted that it is now predicting “record-breaking” consumer spending with online retailers this upcoming Black Friday and Cyber Monday sales season, potentially topping the $17.7 ...
Westpac, one of Australia's largest banks, has agreed to pay a record-breaking penalty of nearly $1 billion for systematically allowing money laundering on its watch. Westpac, one of Australia's ...
SYDNEY, Nov 8 (Reuters) - Westpac Group WBC.AX, Australia's fourth-largest bank by market capitalisation, cut ties on Wednesday with scandal-tainted auditor PricewaterhouseCoopers (PwC) Australia, ...
PERTH, Australia (AP) — Major Australian bank Westpac is facing a potentially massive fine after being accused of 23 million breaches of the anti-money laundering and counterterrorism financing act.
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