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Hannah Wootton

Westpac has ‘regrettable losses’ in poaching wars

Macquarie is coming for the big four banks in more ways than one, as Anthony Miller has learned the hard way.

In the big four banks’ current executive poaching wars, Westpac’s Anthony Miller has been the biggest victor. A little personal win, given they have become a yardstick of sorts for how successfully the new big four bank CEOs are stamping their authority.

But he suffered a rare loss last month, when Macquarie lured Westpac’s treasurer and loyal employee of 23 years, Jo Dawson, to manage its global funding task and capital position.

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