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(Reuters) -Australia's corporate regulator said the mortgage broking unit of No.2 lender Westpac had used falsified payslips from non-existent employers to approve home loans in a lawsuit filed on ...
Westpac to slash over 1500 jobs in major cost-cutting move These job cuts are part of Westpac's UNITE program, which started in 2023.
A Westpac spokeswoman declined to confirm the 1500 figure but said the bank would adjust the composition of its workforce according to its investment priorities.
Westpac has announced it will re-open regional banks in three Australian states, in a major win for the cash society.
The Moree Westpac bank branch will be reopened after closing in 2023, despite being in the community for more than 150 years. Westpac announced the reopening of three branches.