westpac banking corp (WEBNF) Key Developments
Westpac Banking Corporation Announces Unaudited Consolidated Earnings Results for the Quarter Ended December 31, 2014
Feb 25 15
Westpac Banking Corporation announced unaudited consolidated earnings results for the quarter ended December 31, 2014. For the quarter, net interest income was NZD 431 million against NZD 380 million a year ago. Net operating income was NZD 580 million against NZD 582 million a year ago. Operating profit was NZD 335 million against NZD 347 million a year ago. Profit before income tax expense was NZD 335 million against NZD 347 million a year ago. Profit after income tax expense attributable to Head office account and owners of the company was NZD 243 million against NZD 265 million a year ago. Net cash used in operating activities was NZD 175 million against net cash provided by operating activities of NZD 301 million a year ago. Purchase of property, plant and equipment was NZD 3 million against NZD 3 million a year ago.
Westpac Banking Corporation Announces Interim Dividend, Payable on February 27, 2015
Feb 9 15
Westpac Banking Corporation announced interim dividend of $0.1230 per security. Ex-distribution/entitlement date is February 11, 2015. Record date is February 13, 2015. The dividend will be payable on February 27, 2015.
Westpac Group Appoints David McLean as Chief Executive Officer, Westpac New Zealand
Feb 1 15
Westpac Group announced the appointment of David McLean as Chief Executive Officer, Westpac New Zealand. The company said Mr. McLean had done an outstanding job acting in the role since August 2014 following the resignation of Peter Clare.
Westpac Banking Corporation Appoints Lester Wynne-Jones as State General Manager in South Australia
Jan 30 15
Westpac Banking Corporation announced the appointment of Lester Wynne-Jones as its State General Manager in South Australia. Based in Adelaide, Lester will be responsible for Westpac's retail banking business and branch presence in South Australia, Northern Territory and Tasmania comprising of 62 branches, of which five are Bank Now, and over 500 staff. With a banking career spanning 30 years with HSBC in United Kingdom, Lester brings extensive experience to the role. He was responsible for HSBC's Regional Retail Banking across geographies including London, South and South East managing the delivery and ongoing development of a full range of services to HSBC's retail customers. He has also held various senior management roles in offices in Canada, United Arab Emirates, and Kazakhstan.
Westpac Banking Corporation Presents at Institute for International Research, Inc. - 28th Annual Private Placement Industry Forum, Jan-28-2015 08:05 AM
Jan 24 15
Westpac Banking Corporation Presents at Institute for International Research, Inc. - 28th Annual Private Placement Industry Forum, Jan-28-2015 08:05 AM. Venue: Turnberry Isle Resort and Club, 19999, W Country Club Dr, Miami, Florida, United States. Speakers: Bill Evans, Chief Economist.