ASIC slams Westpac hedges to close rates trial

ASIC is asking a Federal Court judge to reject much of the evidence of a senior executive from Westpac's treasury in a civil case centred on alleged misconduct in the bank bill market six years ago. read more

NZ Finance Minister happy with RBNZ pick

New Zealand Superannuation Fund Chief Executive Adrian Orr will take a pay cut to become the next Governor of the Reserve Bank of New Zealand when acting Governor Grant Spencer retires at the end of M.. read more

Westpac optimists on inquiry path

Rebuilding the banking industry's reputation "is a top priority", Brian Hartzer, managing director of Westpac, told the bank's annual meeting on Friday. read more