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Westpac (ASX:WBC) share price on watch after NZ update Westpac has provided an update on its New Zealand operations… James Mickleboro has been a Motley Fool contributor since late 2015. After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager. This was the start of a love affair with Australian equities and he hasn't looked back since. James is part of the CFA Institute's Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help ...

Westpac Westpac New Zealand Limited Chief Executive Officer, David McLean has today announced he will be retiring after more than 20 years with the Group. Mr McLean joined Westpac New Zealand in 1999 and held a number of senior roles across retail and institutional banking, before being appointed CEO Westpac New Zealand Limited in February 2015. Westpac Group CEO, Peter King, thanked Mr McLean for his contribution during his long tenure. “David has been with Westpac for more than two decades and has held a number of senior roles in that time. He has made a significant contribution to the co...

Westpac H1 Profit Surges CANBERA (dpa-AFX) - Australia's Westpac Group (WBC.AX, WBK) reported that its statutory net profit for the first-half of 2021 was A$3.44 billion up 189% from last year, mainly due to an impairment benefit reflecting improved asset quality and a better economic outlook. Cash earnings were A$3.54 billion, up 256% from the previous year. Excluding notable items, cash earnings were A$3.82 billion, up 60% from the previous year. The company reported cash earnings per share of 97 cents, more than tripled from the prior year. Westpac was targeting an A$8 billion cost base ...