BUZZ-Morgan Stanley sees execution risks at Westpac amid executive exodus

Reuters

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BUZZ-<a href="https://laohu8.com/S/MSPQL">Morgan Stanley</a> sees execution risks at Westpac amid executive exodus

** Analysts at Morgan Stanley believe risks pertaining to execution at Australian lender Westpac WBC.AX will be higher in 2025 than they were in 2024

** WBC, last week, announced that Jason Yetton, its chief for the consumer business, had decided to leave the bank

** Brokerage notes that Yetton stepping down means there have been four senior management changes lately, including CEO, CFO, head of consumer and head of business and wealth

** Brokerage hails Yetton's leadership, adds consumer banking franchise performance improved under his leadership since August 2023

** Morgan Stanley has a "underweight" rating on stock and A$29.2 price target

** Stock down 5.4% YTD

(Reporting by Rishav Chatterjee in Bengaluru; Editing by Sandra Maler)

((Rishav.Chatterjee@thomsonreuters.com;))

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Editing by Sandra Maler)</p><p> ((Rishav.Chatterjee@thomsonreuters.com;))</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7511","symbol_name":"ESG概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250309:nL4N3PS04S:1","article_id":"2518236409","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2518236409","pubTimestamp":1741558842,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Morgan Stanley sees execution risks at Westpac amid executive exodus** Analysts at Morgan Stanley believe risks pertaining to execution at Australian lender Westpac WBC.AX will be higher in 2025 than they were in 2024** WBC, last week, announced that Jason Yetton, its chief for the consumer business, had decided to leave the bank** Brokerage notes that Yetton stepping down means there have been four senior management changes lately, including CEO, CFO, head of consumer and head of business and wealth** Brokerage hails Yetton's leadership, adds consumer banking franchise performance improved under his leadership since August 2023** Morgan Stanley has a \"underweight\" rating on stock and A$29.2 price target** Stock down 5.4% YTD  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7511":"ESG概念","WBC.AU":"WESTPAC BANKING CORPORATION","BK7135":"综合性银行"},"translate_title":"巴兹-摩根士丹利认为西太平洋银行高管外流存在执行风险","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WBC.AU":0.6},"content_text":"BUZZ-Morgan Stanley sees execution risks at Westpac amid executive exodus** Analysts at Morgan Stanley believe risks pertaining to execution at Australian lender Westpac WBC.AX will be higher in 2025 than they were in 2024** WBC, last week, announced that Jason Yetton, its chief for the consumer business, had decided to leave the bank** Brokerage notes that Yetton stepping down means there have been four senior management changes lately, including CEO, CFO, head of consumer and head of business and wealth** Brokerage hails Yetton's leadership, adds consumer banking franchise performance improved under his leadership since August 2023** Morgan Stanley has a \"underweight\" rating on stock and A$29.2 price target** Stock down 5.4% YTD (Reporting by Rishav Chatterjee in Bengaluru; 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