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Banking Day - Vimarsana News

Banking Day

Westpac Institutional Bank will set out to grow its balance sheet, but trim investment while focusing on “capability”.

WBC shares: Wespac starts behind the pack with institutional bank transformation, with ANZ timing its efforts well. - Vimarsana News

WBC shares: Wespac starts behind the pack with institutional bank transformation, with ANZ timing its efforts well.

Jefferies says Westpac is “well behind the pack” after letting the institutional bank meander for a decade.

Source: afr.com
Westpac CEO Peter King's structural backflip lands in the right place - Vimarsana News

Westpac CEO Peter King's structural backflip lands in the right place

The rate at which the bank has split, combined and again split its consumer and business divisions is enough to give it whiplash. But Peter King’s latest call is correct.

Source: afr.com
Morgan Stanley rates WBC as Equal-weight - Vimarsana News

Morgan Stanley rates WBC as Equal-weight

. If WBC meets the Morgan Stanley target it will return approximately -5% .© 2023 Acquisdata Pty Ltd., source FN Arena...

Australia's Westpac splits consumer and business banking unit into two - Vimarsana News

Australia's Westpac splits consumer and business banking unit into two

(Reuters) - Westpac Banking Corp on Wednesday said it would split its consumer and business banking business into two, with each having its own CEO,