Westpac
ASX edges higher
The Australian share market had edged 0.6 per cent higher by noon on firmness among major financial and resources stocks after a positive Wall Street lead.
US investment bank snaps up Caliburn
Eric Johnston Wall Street boutique investment bank Greenhill will buy financial advisory firm Caliburn Partnership for an upfront payment of $US91 million in shares.
Growth hopes on the rise
Chris Zappone Hopes for the nation's future economic strength have risen, with a measure taken in January showing that expectations for growth over the months to September have improved moderately.
Westpac becomes single ADI
Westpac Banking Corporation has begun operating as a single authorised deposit-taking institution (ADI).
Westpac expands its presence in London
Westpac is to reopen a branch for retail customers in the heart of London in an attempt to tap into the expatriate banking market.
Westpac matches RBA rate rise
Westpac Banking Corporation has raised its interest rate on home loans by 25 basis points, matching the Reserve Bank of Australia's rate rise on Tuesday.
Westpac looks, then leaps to join rate rise
Eric Johnston Westpac has followed its rivals in raising interest rates on its variable mortgages by 25 basis points.
Investors cheer as Westpac lifts market share
Shares in Westpac soar as a one-third increase in first quarter cash earnings underscores its strength, but the big profit also fuels criticism.
Big, bigger - Westpac in robust health
Danny John Westpac provides further proof just how big the big four banks have become since the financial crisis began scything its way through the industry two years ago.
Westpac on course for a record $2.7b result
Danny John A rapid decline in bad debts is expected to propel the expanded Westpac group to a record half-year profit of about $2.7 billion.
Westpac to tread softly on rate rises
Eric Johnston Westpac believed to be planning softer approach to mortgage pricing if, as expected, Reserve Bank decides to lift interest rates again.
Westpac urges caution as profit jumps
Westpac shares jump after a stronger-than-expected rise in first quarter cash profit, but the bank warns investors of rising funding costs and consumer defaults.
Westpac posts H1 cash earnings of $1.6b
Westpac Banking Corporation has increased first quarter cash earnings by a third says the performance is a clear sign of an improved economic environment.
Westpac to offer Islamic banking
Westpac is to bolster its exposure to the fast-growing Islamic finance market by offering a commodity trading facility intended for overseas investors.
Upturn in commercial property good news for Westpac
Eric Johnston An exposure of $60 billion to commercial property was regarded as a concern for Westpac just a few months ago. Not any more.
Westpac receives approval on single ADI
Westpac Banking Corporation has received treasury approval to form a single authorised deposit-taking institution (ADI) with subsidiary St George Bank.
Westpac reviewing office trust
Westpac Banking Corporation is in the early stages of reviewing its office investment trust and says there is no certainty that will lead to a sale.
Thank you, Westpac
Peter Martin Big commercial lenders, led by Westpac, have done some of the RBA's work.
NAB, Westpac, CBA leave rates steady
Three of the big four banks say they will hold standard variable interest rates on mortgages steady after the RBA left the official cash rate at 3.75 per cent.
Westpac chief executive buys a slice of the good life
Jonathan Chancellor Property Editor GAIL KELLY, the boss of Westpac, has splashed out about $9 million on a Terrey Hills acreage property, highlighting the deep pockets of bankers at the recession-proof end of town.
