Westpac

299 results about this entity

Period: 26 Nov 2004 - 16 Sep 2024

/people

Westpac hit by defections of CIO and consumer banking chief

Westpac has been rocked by the sudden departure of its consumer banking chief David Lindberg and chief informtion officer Craig Bright.

/people

NatWest appoints Westpac consumer chief Lindberg as retail banking CEO

NatWest Group has announced the appointment, subject to regulatory approval, of David Lindberg as its new CEO, Retail Banking, joining from Westpac, where he is currently Chief Executive of its Consumer division.

/crime

Westpac files defence over AML failings

Westpac today filed its defence with the Federal Court in relation to civil proceedings brought by AUSTRAC on 20 November 2019 regarding alleged contraventions of its obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act.

/payments

Westpac switches on Apple Pay

Apple Pay is now available for Westpac customers with an eligible Mastercard debit or credit card, or eftpos Handycard.

/retail

Meet Wendy, Westpac’s latest AI recruit

Westpac's latest AI recruit, Wendy, is capable of recognising and responding to customers' emotions as they chat onscreen through the webcam.

/people

Peter King appointed Westpac CEO

Westpac Chairman Mr John McFarlane today announced the appointment of Mr Peter King as Chief Executive Officer.

/crime

Westpac faces US class action suit over financial crime disclosure

Westpac today confirmed that Rosen Law Firm has filed a class action lawsuit against Westpac on behalf of purchasers of the securities of Westpac between 11 November 2015 and 19 November 2019 inclusive.

/startups

Westpac's Reinventure invests in Indonesia's Kredivo

Westpac-backed venture fund Reinventure has stepped up its push into Asia’s fintech scene, joining a US$90 million funding round for the owner of Kredivo, Indonesia’s fast-growing "buy now, pay later" (BNPL) platform.

/wholesale

Westpac announces John McFarlane as incoming chairman

Westpac Group today announced the appointment of Mr John McFarlane to the Westpac Board as Non-Executive Director and Chairman-Elect, succeeding Lindsay Maxsted on 2 April 2020.

Apple Pay arrives for St.George, BankSA and Bank of Melbourne customers

Apple Pay is now available for St.George, BankSA and Bank of Melbourne customers with an eligible Visa debit or credit card.

/regulation

Westpac to increase its operational risk capital requirement by $500 million as AML review bites

Westpac Group acknowledges the APRA announcement in response to AUSTRAC's Statement of Claim and is committed to cooperating with APRA in all aspects of its investigation and review.

Westpac hires Promontory to run AML review

Westpac has hired IBM subsidiary Promontory to undertake an independent review into the failings that led to the bank breaching AML/CTF laws on over 23 million occasions.