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Banking Industry and David Morgan
Highlights this month
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Turning increasingly negative, as banks from South Korea to Australia ...
Outlook for Asia-Pacific Banks Getting Sourer
The outlook for the Asia-Pacific banking industry is turning increasingly negative, as banks from South Korea to Australia battle growing financing fears and brace for more bad debts as economies ...
iStock Analyst - 1 month, 2 weeks ago
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Applauded the government's move to guarantee bank deposits to shore ...
Banks support govt's deposit guarantee
The banking industry has applauded the government's move to guarantee bank deposits to shore up public confidence in lenders amid the global financial crises.
Business Day - 1 month, 2 weeks ago
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Be agreed "in the very near future", say US political ...
US Bail-Out 'To Be Agreed Soon'
The $700bn bail-out of America's banking industry will be agreed "in the very near future", say US political chiefs.
Sky News | World News - 2 months ago
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Faced in many years. A month ago Commonwealth Bank and ...
Westpac well placed for the crunch
Company: Westpac Banking Corporation (WBC) Recent talk about the credit crisis has been overwhelmingly negative, but there may also be a few positives for a big bank like Westpac. These ...
Intelligent Investor - 8 months, 3 weeks ago
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Forecasting robust economic growth this year
Experts predict robust economic growth
The global finance and banking industry is forecasting robust economic growth this year.
ABC Business - 1 year, 8 months ago
7 months ago
Westpac (WBC) $24.55
ASSUMING David Morgan's swivel-chair in February, new Westpac CEO Gail Kelly embraced and extended Morgan's last act: a line-by-line review of the bank's lending exposures.
The Australian - Business - 5 a.m. Friday 2nd May 2008
The Australian - Business - 5 a.m. Friday 2nd May 2008
11 months ago
RAMS Completes $140 million sale to Westpac
RAMS Home Loans Group (RHS) announced this morning that it has completed the sale of its brand and distribution business to Westpac Banking Corporation (WBC).Westpac paid a bargain $140 million ...
Yahoo!7 Finance News - 1:44 p.m. Friday 4th January 2008
Yahoo!7 Finance News - 1:44 p.m. Friday 4th January 2008
11 months, 3 weeks ago
Westpac boss sounds warning
OUTGOING Westpac boss David Morgan says the chance of a recession in the US and another interest rate rise by the Australian central bank are " an even money bet ...
Australian IT - 1:43 a.m. Friday 14th December 2007
Australian IT - 1:43 a.m. Friday 14th December 2007
1 year ago
New ANZ CEO's Quaint Call
The new ANZ Banking Group CEO, Mike Smith has joined retiring Westpac CEO, David Morgan in calling for the abolition of the four pillars banking policy to allow Australian banks ...
Yahoo!7 Finance News - 9:30 a.m. Wednesday 28th November 2007
Yahoo!7 Finance News - 9:30 a.m. Wednesday 28th November 2007
1 year ago
Westpac Funds $500m Of RAMS Home Loans
Westpac Banking Corporation has fulfilled its commitment to fund up to half a billion dollars for RAMS home loans, with the funding agreement coming into effect today.Australia's first bank has ...
Yahoo!7 Finance News - 5 p.m. Friday 16th November 2007
Yahoo!7 Finance News - 5 p.m. Friday 16th November 2007
1 year ago
Credit rationed by WIB
Westpac chief executive David Morgan spent a good part of yesterday?s 2007 results briefing arguing that the bank?s strong performance in the year to September was repeatable. He needed to; ...
TheSheet.com - 10:53 a.m. Monday 5th November 2007
TheSheet.com - 10:53 a.m. Monday 5th November 2007
1 year, 1 month ago
Westpac may pound borrowers
WESTPAC boss David Morgan believes two more official interest-rate rises are coming and the profit-spinning bank may raise interest rates by even more.
The Mercury - 2 p.m. Thursday 1st November 2007
The Mercury - 2 p.m. Thursday 1st November 2007
A couple more rate rises likely: Westpac
Westpac Bank's chief executive David Morgan says believes "a couple more" interest rate rises are likely, as financial markets prepare for an expected hike in official rates next week.
Sydney Morning Herald Business - 1 p.m. Thursday 1st November 2007
Sydney Morning Herald Business - 1 p.m. Thursday 1st November 2007
1 year, 1 month ago
Westpac confident on RAMS deal
WESTPAC Banking Corporation boss David Morgan is confident his bank's bid for parts of troubled lender RAMS Home Loans Group business will be successful.
Adelaide Now - 5 p.m. Wednesday 10th October 2007
Adelaide Now - 5 p.m. Wednesday 10th October 2007
1 year, 2 months ago
Non-bank business models not sustainable, says Morgan
The business models of some non-bank lenders may not be sustainable, Westpac chief executive David Morgan said yesterday. In a briefing to analysts Morgan said the liquidity crisis may be ...
TheSheet.com - 10:52 a.m. Tuesday 11th September 2007
TheSheet.com - 10:52 a.m. Tuesday 11th September 2007
1 year, 2 months ago
Earnings, outlook unaffected by credit crisis: Westpac
Westpac Bank chief executive David Morgan said the bank was well positioned to take advantage of recent market volatility flowing from the US sub-prime mortgage crisis.
Sydney Morning Herald Business - 4:30 p.m. Monday 10th September 2007
Sydney Morning Herald Business - 4:30 p.m. Monday 10th September 2007
Credit crisis good for Westpac
WESTPAC Banking Corporation chief executive David Morgan said the bank was well positioned to take advantage of recent market volatility flowing from the US subprime mortgage crisis.
Daily Telegraph - 2:30 p.m. Monday 10th September 2007
Daily Telegraph - 2:30 p.m. Monday 10th September 2007
1 year, 3 months ago
Westpac names new CEO
WESTPAC Banking Corporation has named St George Bank Ltd chief executive Gail Kelly as its new boss, taking over from David Morgan who retires early next year.
Daily Telegraph - 3:08 p.m. Friday 17th August 2007
Daily Telegraph - 3:08 p.m. Friday 17th August 2007
Westpac 'to benefit' from US fallout
The heads of Westpac Banking Corporation Ltd and St George Bank Ltd said their organisations will both benefit from the fallout from the US sub-prime mortgage crisis.Outgoing Westpac chief executive, ...
ninemsn Business News - 1:38 p.m. Friday 17th August 2007
ninemsn Business News - 1:38 p.m. Friday 17th August 2007
Westpac nabs St George boss
WESTPAC Banking Corp has named St George Bank Ltd chief executive Gail Kelly as its new boss, taking over from David Morgan who retires early next year.
Herald Sun - 1:08 p.m. Friday 17th August 2007
Herald Sun - 1:08 p.m. Friday 17th August 2007
