Westpac Reported 12% Drop In H1 2022 Net Profit To $2.1B
Westpac, an Australian lender has reported a profit before tax of A$4.5bn for the first half of 2022, which is a drop compared to A$5.2bn for the same period last ...
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Tag: Westpac
NAB Encounters Shareholder Pressure Over Environmental Accountability
On December 17, as investors at an annual meeting complained its emissions disclosures are less complete than its Big Four rivals, Australia's second-largest lender, National Australia Bank, (NAB.AX) defended its ...
Australia’s NAB Sees Profit Exceed Estimates But Warns On Margin Pressures
Summary FY21 earnings of A$6.56 bln vs Refinitiv consensus of A$6.43 bln NIM down 6%, flags net margin 'headwind' in FY22 Shares slid 1.5% on profit-taking Introduces oil & gas ...
Aussie Bitcoin Trader Paid By ANZ Bank In Debanking Case
Bitcoiner Allan Flynn has reportedly settled his first complaint with the Australia and New Zealand Banking Group (ANZ) for being unilaterally debanked in 2018 as a result of his occupation ...
Westpac faces the largest civil penalty in Australian history
In what is the largest civil penalty in Australia, Westpac has been fined AU$1.3 billion (approx. $1 billion) for violation of the anti-money laundering financing and counter-terrorism Act The company ...
Australian FIs Team Ready for Lygon Blockchain Test
IBM, ANZ, Scentre Group, Commonwealth Bank, and Westpac have unveiled a live pilot for Lygon together. The new digital platform is designed to use blockchain technology to significantly change the ...
What is Ripple? XRP and Ripple Fully Explained
The major question remains: What is Ripple? Is Ripple a cryptocurrency that was created in the image of Bitcoin? The best answer is ‘NO.’ However, it always gets clustered in ...