retail bank

How Westpac head David Morgan got over himself

How Westpac head David Morgan got over himself

The query, which would seep into national business folklore, reflected the extent to which Westpac had slipped behind the arc of progress elsewhere. At the time Joss departed Wells Fargo, almost 60 per cent of its branches in the US were run by women. From this environment, he says, the transition to Westpac, where the…


Goldman Sachs’ partnership with Apple could move it a step closer to being a ‘bank branch in your pocket’

Goldman Sachs’ partnership with Apple could move it a step closer to being a ‘bank branch in your pocket’

Apple and Goldman Sachs are preparing to launch a co-branded credit card later this year, the Wall Street Journal reported last week.The card will be tied to new iPhone features, the newspaper said, leading experts to surmise that this is the computer giant’s most aggressive move yet into financial services.By designing the credit card with…