Westpac: Reviews

Westpac
TypePublic
Traded as
NZX: WBC
NYSE: WBK
Founded1982 as Westpac
Number of locations
2,900 ATMs
Area servedWorldwide
RevenueA$38.28 billion (2013)
Net incomeA$7.561 billion (2014)
Total assetsA$770.8 billion (2014)
Number of employees36,000 (2014)
SloganYour 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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