Page 2 - Rajasik Mukherjee News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Singtel-owned Optus names broadband network boss Stephen Rue as new CEO

Singapore Telecommunications Australian unit Optus said on Monday it had appointed Stephen Rue as its new CEO, nearly half a year after former boss Kelly Bayer Rosmarin resigned following a.

Lisa shumakerKelly bayer rosmarinStephen rueRajasik mukherjeeMichael venterShri navaratnamTelecommunication australianSingapore telecommunication

Westpac announces new $661 million buyback and special dividend, profit slumps

(Reuters) -Australian bank Westpac declared a special dividend on Monday and raised its share repurchase program by A$1 billion ($661 million) citing a strong balance sheet even as its first-half profit fell by 16% on intense competition and high costs. Traditionally beneficiaries of rising interest rates, the country's so-called Big Four lenders have spent the past year sacrificing margins to write new home loans and paying more to depositors, narrowing their closely watched "net interest margin". Westpac's net interest margin slipped to 1.89%, down 7 basis points from a year ago, while net interest income remained largely flat at A$9.13 billion.

Lisa shumakerBig fourPeter kingSameer manekarRajasik mukherjeeNational australia bankVisible alphaExecutive officer peter kingNet interest marginSpecial dividendShare repurchaseBalance sheetNet profitNet interest incomeRising interest rates

Australia s Westpac Net Profit Falls 16%, Announces Additional $661 Million Buyback

Australia s Westpac Net Profit Falls 16%, Announces Additional $661 Million Buyback
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

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Australia s Westpac net profit falls 16%, announces additional $661 million buyback

Australia s Westpac Banking Corp reported a 16% drop in its first-half net profit on Monday as margins are squeezed by intense lending competition and higher costs. It also announced an increase.

Rajasik mukherjeeLisa shumakerSameer manekarAustralia westpac banking corpWestpac banking corpVisible alpha

Australia s Westpac net profit falls 16%, announces additional $661 million buyback

(Reuters) -Australia's Westpac Banking Corp reported a 16% drop in its first-half net profit on Monday as intense lending competition and higher costs squeezed its margins. It also announced an increase of A$1 billion ($660.90 million) to an existing s.

Sameer manekarRajasik mukherjeeLisa shumakerAustralia westpac banking corpWestpac banking corpVisible alpha