Bob White, managing director of Westpac in its "world bank" days in the 1980s died over the weekend, aged 93. White took the helm of the then Bank of New South Wales in 1978, having joined the bank aged 16. In 1982, the Wales and the Commercial Bank of Australia merged around the same time as two other banks amalgamated to form the modern day NAB. White retired in 1988. The Hong Kong Securities and Futures Commission and ASIC signed a "co-operation agreement which provides a framework for cooperation to support and understand financial innovation in each economy." ASIC said the agreement would "enable the SFC and ASIC to refer innovative fintech businesses to each other for advice and support" via ASIC's Innovation Hub and its Hong Kong equivalent, the SFC's Fintech Contact Point.