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As Assistant to the President for Economic Policy and Director of the National Economic Council (2017-2018), Gary Cohn managed the US economic policy agenda, stimulating economic expansion, job creation, and wage increases through historic tax and regulatory reform. Prior to that he was the President and Chief Operating Officer at Goldman Sachs where he worked for more than 25 years.

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2022 UPDATE | New Zealand

by Starling Insights

Starling Insights Editorial Board

May 15, 2022

Compendium

New Zealand NZ FMA Culture & Conduct Supervision

Culture and Conduct Concerns

Westpac has faced many challenges in Australia in recent years regarding its conduct and treatment of customers. However, in the past year, the bank has also faced scrutiny from the Reserve Bank of New Zealand, where ex-deputy governor Geoff Bascand called for major reforms in Westpac’s risk governance processes after an Oliver Wyman report commissioned by RBNZ found major shortcomings in the bank’s processes.1

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2022 UPDATE | New Zealand

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