Westpac
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:This article is about the bank. For the defunct airline, see Western Pacific Airlines.

Westpac

Company nameWestpac Banking Corporation
Company typePublic (Asx - WBC, Nzx - WBC)
SloganYour Future is Our Future
IndustryFinance and Insurance
PredecessorBank of NSW (est. 1817)
Founded1982 as Westpac
HeadquartersSydney, Australia
No. of locations1,200 branches
2,800 ATMs
Area served
Key peopleGail Kelly (CEO & MD)
Ted Evans (Chairman)
ProductsBanking, financial and related services
Revenue(+) $22.075 billion AUD (2007)
Net income(+) $3.859 billion AUD (2008)
Total assets(+) $700.000 billion AUD (2008)
Employees≈40,000 (2008)

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Westpac (a portmanteau of "Western-Pacific", registered as Westpac Banking Corporation, Asx - WBC, Nzx - WBC), is a multinational Financial services company and became the largest bank in Australia (by market capitalisation) after it took over St.George Bank, and the second-largest bank in New Zealand. The bank is one of the Australian 'big four' banks, joining NAB, ANZ, and the Commonwealth Bank.

As of the merger with St.George in December 2008 the bank has 10 million customers, Australia's largest branch network with almost 1200 branches and an ATM network with more than 2800 ATMs. The bank is Australia's second largest provider of home lending and Australia's second largest provider of wealth platforms by funds under Administration. The bank is Australia's second largest business banking lender and Australia's second largest bank by assets.

Westpac was recognised by the Dow Jones Sustainability Index as the most sustainable bank in the world for five years running, until ANZ who shared the title in 2007 was solely awarded in 2008.


Latest News : Westpac : Tweet this RSS

Westpac Banking Corporation - Financial and Strategic Analysis Review - new ... - Live-PR.com (press release) Tweet this news
Live-PR.com (press release)---Westpac- Banking Corporation (-Westpac-), formerly known as the Bank of New South Wales, is one of the leading banking and financial services companies in ... - Date : Fri, 09 Jul 2010 15:08:10 GMT+00:00
Westpac Global Markets Strategy Group: Morning FX Thoughts - NZ Edition - Voxy Tweet this news
Voxy---Westpac- sees a rise in the unemployment rate to 5.3% versus consensus for no change at 5.2%. AUD is likely to run into support just beneath 0.8600 while NZD ... - Date : Wed, 07 Jul 2010 20:36:52 GMT+00:00
Base Village in Snowmass faces foreclosure - Glenwood Springs Post Independent Tweet this news
Glenwood Springs Post Independent--Hypo Real Estate Capital Corp. of New York, along with three other banks, alleges that Base Village Owner LLC, controlled by Related -WestPac-, has defaulted ... - Date : Fri, 09 Jul 2010 06:15:31 GMT+00:00
Westpac increases chopper funding - Lismore Northern Star Tweet this news
Lismore Northern Star---WESTPAC- has increased its support of the local lifesaver rescue helicopter service 'significantly' as part of a new three-year commitment, ... - Date : Fri, 09 Jul 2010 03:49:31 GMT+00:00
Westpac Global Markets Strategy Group: Morning FX Thoughts - NZ Edition - Voxy Tweet this news
Voxy--Optimism continued to build overnight following positive earlier leads from Australian jobs (+46k in June) and global growth upgrades from the IMF. ... - Date : Thu, 08 Jul 2010 20:27:32 GMT+00:00
Crafars say farm fight isn't over - TVNZ Tweet this news
TVNZ--The Crafars claim they were negotiating with PGG, -Westpac- and Rabobank for increased loan facilities in 2009 and the appointment of receivers KordaMentha in ... - Date : Fri, 09 Jul 2010 00:47:55 GMT+00:00
US Dollar May Rise to 90 Yen as Yield Gap Holds, Westpac Says - BusinessWeek Tweet this news
BusinessWeek--The US two-year yield has remained at more than 50 basis points above the similar rate in Japan, -Westpac- said. Investors should consider buying the dollar ... - Date : Wed, 07 Jul 2010 05:25:15 GMT+00:00
Buy Australian Bonds, Sell German Debt on Spread, Westpac Says - BusinessWeek Tweet this news
BusinessWeek--July 7 (Bloomberg) -- -Westpac- Banking Corp. said investors would benefit from buying 10-year Australian government bonds and selling ... - Date : Wed, 07 Jul 2010 05:25:15 GMT+00:00
Westpac Institutional Bank Morning Report 7.7.10 - Voxy Tweet this news
Voxy--A firm 'risk on' day with even a larger-than-expected fall in US ISM non-manufacturing unable to stem the equity rally. Good demand for Spain's first ... - Date : Tue, 06 Jul 2010 21:26:01 GMT+00:00
Biz Buzz: Downtown Brew Co. changes hands - San Luis Obispo Tribune Tweet this news
San Luis Obispo Tribune--Hamish Marshall of -WestPac- Investments is stepping into ownership of Downtown Brewing Co., a pub on Garden Street in San Luis Obispo in a building slated to ... - Date : Wed, 07 Jul 2010 05:03:42 GMT+00:00



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