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On 12 May 2008 Kelly announced an $18.6 billion merger between Westpac and St. George Bank. [6] The merger was approved by the Federal Court of Australia and finalised on 26 May 2008. [ 7 ] The merger resulted in the new combined Westpac Group having 10 million customers, a 25% share of the Australian home loans market and with $108 billion ...
He was appointed CEO in 1999. While David was CEO of Westpac, it was assessed as the global sustainability leader for the banking sector in the Dow Jones Sustainability Index from 2004 to 2007. In December 2006, he announced that he would not be seeking another term as CEO of Westpac, and in 2008 he retired from the position. [10]
Westpac Banking Corporation, also known as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney, New South Wales. [ 2 ] Established in 1817 as the Bank of New South Wales , it acquired the Commercial Bank of Australia in 1981 before being renamed to Westpac Banking Corporation ...
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The FBI arrested the founder of a Washington, D.C., nonprofit that served homeless LGBTQ youth on money laundering and fraud charges after her return to the United States from El Salvador.
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He formerly served on the boards of Westpac, Wells Fargo, Agilent Technologies, Inc., BEA Systems, E.piphany, Inc., Makena Capital and Shanghai Commercial Bank, Ltd. of Hong Kong and SRI International. [2] [3] [4] [6] He currently serves on the board of directors of Citigroup, Bechtel, Makena Capital Management and C.M. Capital.
Naqvi, whose firm at its peak controlled $13.6 billion in assets, was among the wealthiest businessmen in the Middle East before a dramatic fall from grace that led to his arrest and fraud charges ...