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Morgan Stanley views Nathan Goonan's appointment as Westpac's CFO positively, citing his experience as the former finance chief of National Australia Bank (NAB). However, the departures of Goonan and Rachel Slade from NAB are seen as a negative for the bank in the short term. The brokerage maintains an "under-weight" rating on Westpac with a price target of A$29.6, while rating NAB "over-weight" with a target of A$33.3.
Rachel Slade
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westpac appoints former nab cfo as finance chief amid mixed analyst views
Australian Dollar
Westpac Banking Corp
National Australia Bank Limited
AUS
Rachel Slade
Nathan Goonan
23:03 17.03.2025
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