Wealth and Asset Management
Australia's Westpac exits financial advice, takes charge to shake up wealth unit
Westpac Banking Corp, said on Tuesday it would exit its financial advice business, the last of Australia’s top four banks to do so, as regulators increase pressure on the scandal-ridden financial sector to act in customers’ best interests. Australia’s second-largest bank said it would sell the business to Viridian Advisory…
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Click here to read the full story: Reuters