Westpac chief executive Anthony Miller insists the bank’s $3.5 billion technology project known as Unite is on track, despite an uptick in costs for mortgage simplification work, and has committed to maintaining multiple brands after back-end systems are brought together.
Briefing banking analysts on Thursday, Westpac confirmed it would begin migrating corporate customers from the group’s smaller banks – St George, BankSA and Bank of Melbourne – to the main brand to create “one commercial bank”.
