Business
Westpac pledges to bring back proper dividend payments for shareholders in 2021 – NEWS.com.au
Westpac pledges to bring back proper dividend payments for shareholders in 2021
Westpac has pledged shareholders will see a return to normal dividend payments in 2021 following a tumultuous year that has swiped the banks profits by 66 per cent. At the country’s second largest bank’s annual general meeting, Westpac chief executive Peter King affirmed the embattled bank had accelerated plans to fix its risk compliance failures that led to a money laundering scandal in 2019 and subsequent record fine.
Mr King conceded the $1.3 billion payout due to the scandal in combination with…
-
Noosa News20 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
Noosa News21 hours agoBrisbane-bound traffic diverted after pile-ups along Bruce Highway
-
Noosa News20 hours agoMan arrested after police chase: Driver shot, woman dies in crash
-
General16 hours agoAustralian Catholics mourning death of Pope Francis