Westpac

Westpac wealth unit registers loss in H1

Westpac wealth management unit BT Financial Group (Australia) has reported loss of A$305m ($213.1m) in the first half of 2019.…

Westpac overhauls wealth management business

Australian lender Westpac has agreed to divest its financial advice business, which offers advice through its salaried planners, to Viridian…

Westpac launches new green investment product

Australian banking group Westpac has launched a new investment offering, targeted at investors who back investment projects addressing climate change.…

Westpac to divest funds management arm Ascalon Capital Managers

Australian banking group Westpac has agreed to offload its funds management business Westpac Ascalon Capital Managers to Generation Development Group…

Westpac cash earnings rise 6% in H1

Australian banking group Westpac has reported cash earnings of A$4.25bn ($3.1bn) for the first half of fiscal year 2018, an…

Westpac annual net profit rises 7% to AUD8bn

Australian banking group Westpac has posted net profit of AUD7.99bn ($6.1bn) for the year ended September 2017, a 7% increase…