SHARE
News in Brief - Caproasia Online

Are you looking for your next career? Banks, Private Banks, IFAs, Fund Management Co.? Search for wealth & investment Jobs here or join mailing list or receive updates here

Westpac Set to Cut Jobs in Asia

The job cuts will most likely take place in Singapore where Westpac services businesses and individuals with links to Australia. However this will not impact Westpac’s trade finance operations in Asia. Westpac and the other rivals are cutting costs as earnings growth is lesser.

Westpac is present in China, Hong Kong and India however no mention is made of these locations about job losses.

News Source: Australian Financial Review

 

About Westpac

Westpac Bank
Westpac Bank

Westpac has 5 customer facing divisions serving around 13 million customers. The operating structure aligns Westpac’s business with key customer segments. Under this structure, the Group retains a unique portfolio of brands including Westpac, St.George, Bank of Melbourne, BankSA and RAMS. These brands operate under the Consumer Bank and Business Bank divisions.

  • Origin: Sydney, Australia
  • Assets: A$812.1 billion
  • Revenue: A$21.6 billion
  • Employees: 32,620

Official Website: https://www.westpac.com.au

Advertisement


News & Media: Press Release

Updated on 8th August 2016

 



Caproasia Online is an E-Magazine for Wealth Managers, Private Bankers & Investment Professionals.  View latest jobs in Banks, Private Banks, IFAs, Fund Management here or join our mailing list or receive updates here

For content usage and citations, kindly provide a backlink or whenever possible – Source: Caproasia