New crime, compliance monitor at Westpac

New crime, compliance monitor at Westpac

Westpac has created a role to oversee financial crime and compliance after the bank was caught up in a major money laundering scandal last year. Les Vance, the chief operating officer of its consumer division, has been appointed to the new position and will be...
New crime, compliance monitor at Westpac

Copper has biggest daily gain in a month

Industrial metals prices jumped overnight, with copper rising as much as 3 per cent as an easing of coronavirus lockdowns in many countries and hopes for a vaccine fuelled optimism among investors that also lifted stock markets and oil. At 1610 GMT, benchmark copper...
New crime, compliance monitor at Westpac

Gold eases amid vaccine hopes

Gold retreated overnight from a more than seven-year high, as stocks and oil surged on optimism surrounding the trial of a potential COVID-19 vaccine. Spot gold fell 0.7 per cent to $US1,728.72 per ounce by 1735 GMT, after hitting its highest value since October 2012...
New crime, compliance monitor at Westpac

Oil prices surge after early vaccine tests

Oil prices overnight jumped to their highest values in over two months on positive early results on a potential coronavirus vaccine, optimism about a resumption in economic activity and signs producers were following through on planned output reductions. Brent futures...
New crime, compliance monitor at Westpac

Wall St surges on stimulus, vaccine hopes

Wall Street’s main indexes have surged as encouraging early data from a potential coronavirus vaccine trial boosted sentiment, with investors also counting on more stimulus to rescue the economy from a deep slowdown. Drugmaker Moderna said its experimental...