Westpac: Overview

Overview
Customer Reviews

Type	Public
Traded as	NZX: WBC NYSE: WBK
Founded	1982 as Westpac
Number of locations	2,900 ATMs
Area served	Worldwide
Revenue	A$38.28 billion (2013)
Net income	A$7.561 billion (2014)
Total assets	A$770.8 billion (2014)
Number of employees	36,000 (2014)
Slogan	Your Future is Our Future
Website	www.Westpac.co.nz

Westpac Banking Corporation (Westpac) was founded in 1817 and was the first bank established in Australia.

Westpac began trading on 8 April, 1817 as the Bank of New South Wales with a single office in Macquarie Place, Sydney. In 1982, with the merger of the Commercial Bank of Australia, it changed its name to Westpac Banking Corporation. On 23 August 2002, Westpac was registered as a public company limited by shares under the Australian Corporations Act (2001). In December 2008, Westpac merged with St.George Bank Limited.

Industry

Banking, Financial services

Predecessor

Bank of NSW (est. 1817); Commercial Bank of Australia

Headquarters

Sydney, New South Wales

Australia

Key people

Brian Hartzer (CEO and Managing director) Lindsay Maxsted (Chairman)

Products

Consumer Banking

Corporate Banking

Investment Banking

Investment Management

Global Wealth Management

Private Equity

Mortgages

Credit Cards

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