James Lee will achieve true hero status if he can develop a sustainable investment banking operation across the Tasman.
Getting from one country to another on the other side of the world is no easy feat during the ongoing pandemic, especially when you need to travel due to the death of a loved one.
Westpac could hive off its NZ subsidiary without an IPO.
The 'little telco that could' is probably looking at a billion-dollar-plus valuation if it were to go public.