Tag: Westpac
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Westpac reports 26% rise in net profit, announces expansion plans and digital initiatives
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Westpac Banking Corporation, one of Australia’s largest banks, has announced its financial results for the year 2023, showing…
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Westpac to retain its Pacific Banking Businesses
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SYDNEY, AUSTRALIA:P Westpac has today announced it has concluded the sales process for its Pacific banking businesses and…
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Westpac to sell Advance Asset Management to Mercer, merge with BT Funds
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SYDNEY, AUSTRALIA: Westpac and BT Funds Management Limited (Trustee) have entered into a Heads of Agreement to merge,…
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Westpac completes sale of New Zealand life insurance business
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SYDNEY, AUSTRALIA: Westpac announced that it has completed the sale of Westpac Life-NZ- Limited to Fidelity Life Assurance…
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Westpac considering selling New Zealand business
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SYDNEY: Westpac is assessing the appropriate structure for its New Zealand business and whether a demerger would be…
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Westpac sells Pacific businesses to Kina Bank for $420 million
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SYDNEY: Westpac Group announced the sale of its Pacific businesses – Westpac Fiji and Westpac’s 89.91% stake in…
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Westpac sells general insurance business to Allianz for$725 million
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SYDNEY: Westpac Group announced it will sell Westpac General Insurance Limited and Westpac General Insurance Services Limited to…
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Westpac announces to bring back around 1,000 jobs to Australia from overseas
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MELBOURNE, AUSTRALIA: Westpac Group has announced it will bring back around 1,000 jobs to Australia from overseas as…
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