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WESTPAC BANKING CORPORATION
HSBC job cuts: CEO shares big update on lay offs possibility, message for employees on AI issueHSBC recently launched a dedicated $4 billion credit facility to support the global expansion of mainland Chinese companies.- Global Markets | Australia Inc starts to feel Iran war fallout, raising stagflation riskAustralia's economy faces a stagflationary shock as the Middle East conflict drives up fuel prices. Top companies like Qantas and Westpac a...
- Global Markets | Australian shares reclaim 9,000 mark as banks rally on CBA resultsAustralian shares reclaimed the psychologically key 9,000-point mark on Wednesday, as a rally in banking stocks after upbeat Commonwealth B...
- Global bonds climb 20% from 2022 low with Fed set to resume cutsGlobal bonds are rallying, with Bloomberg's GlobalAgg Index hitting its highest level since March 2022, fueled by cooling US labor data and...
- Westpac New Zealand online banking outage leaves customers frustrated, outragedWestpac Banking Corporation in New Zealand faced an online service disruption. The glitch impacted Westpac One browser and app users. Custo...
- Australia shares rise on energy boost; set for second weekly loss on virus woesThe S&P/ASX 200 index rose 0.4% to 7,293.2 points by 0109 GMT.
- Aditya Birla Idea Payments Bank ceased to be banking company: RBIThe decision to shut operations by the Aditya Birla Idea Payments Bank was taken due to unanticipated developments in the business landscap...
- Dollar wallows as data temper recovery doubtsAustralia shuts the border between its two most populous states at one minute before midnight
- Australian shares squeezed by Royal Commission findings; NZ downRio Tinto edged 0.1 per cent lower, while BHP closed roughly flat.
- Australian shares unmoved as financials offset gains from TPG-Vodafone deal; NZ slipsAustralian shares ended flat on Thursday after the country's third and fourth-largest telecom operators announced a merger
- ICICI Bank, Australia's Westpac join hands to facilitate online fee payment for studentsIndian residents, who are customers of any bank in India, can now initiate an online remittance to make fee payments to an Australian unive...
- There’s a market for everybody in India: Rob Whitfield, Westpac Institutional BankBanks from the West are shrinking in markets other than their homes, thanks to tighter regulations post-2008 crisis and falling business vo...
- Australian banks eye opportunities in bilateral tradeLoans demand from individuals in Australia is falling after they became the most indebted before the crisis.
- Australia's Westpac posts 2.6 billion dollar interim profitAustralian banking giant Westpac posted a 2.88 billion dollar ($ 2.62 billion) net profit for the six months to March 31 on Wednesday.
- Stocks to watch: Infosy, HCL, RIL, RCom, Ruchi SoyaIndian equities are seen trending lower Friday, tracking overnight losses on Wall Street and weakness in Asian markets.
- Australia's St. George Bank agrees to Westpac bidSt. George Bank on Tuesday agreed to an 18.6 billion Australian dollar ($17.5 billion) takeover offer from Westpac Banking Corp. that would...
- Outsourcing fallout: Oz union up in armsAustralian worker unions are increasingly turning the heat on banks planning to up the ante on outsourcing to India. BPO Brigade
- Outsourcing fallout: Oz union up in armsWorker unions are increasingly turning the heat on banks planning to up the ante on outsourcing to India
- Westpac denies reports of job outsourcing to IndiaAustralia's leading bank Westpac Banking Corporation has denied media reports of outsourcing its 3,000 back office jobs to India during nex...
- Another bank from Aus opens a/c in IndiaWhile some of the big Australian banks are already in India, the decision of the oldest bank in Australia, Westpac, to open a representativ...
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