BNET Industries

Westpac Banking Corp.

WBK is in the Financial Services Industry

Market Cap:$61.7B
Last Fiscal Year Sales:$24.6B
  • Public
  • AU
Dow Jones Description

Welcome to the Australian Out-Bank! Westpac Banking Corporation (NYSE: WBK (ADR) Australia) provides banking and financial services in Australia and New Zealand. It offers financial products, such as savings and checking accounts, demand and term deposits, credit cards, and personal and housing loans. It caters to individuals and small to medium-size businesses. It also offers wealth management services, pensions, life insurance, and others. The company was founded in 1817 and is headquartered in Sydney, Australia. This $14.2 billion company employs about 27,000 people. The company received a AAA rating in the 2006 RepuTex Australia and New Zealand Social Responsibility Ratings survey, for the third year in a row.

Chief Manager and Senior Vice President
Peter H Winder
Number of Employees 27,138
Contact Information

60 Martin Pl

Sydney 2000

www.westpac.com...

(61) 292263311

NAICS Code Commercial Banking: 522110

Recent Events

  • Australia's Westpac Banking launches $899 million RMBS

    12/16/09 - Product Announcement - View Story

  • Westpac Names Rob Coombe Head Of Retail, Business Banking

    12/06/09 - Mgmt. Change Entering - Operations - View Story

  • Westpac shuffles the top deck

    12/07/09 - Mgmt. Change Entering - Finance - View Story

  • Hypercom Won Contract from Westpac Banking Corporation

    11/17/09 - Joint Venture / Alliance - View Story

  • Asian Stocks Trade Lower

    11/05/09 - Bond / Stock Rating - View Story

  • UPDATE 2-Australia's Westpac says bad debts have peaked

    11/03/09 - Stock Split / Dividend - View Story

  • PRESS DIGEST-Australian Business News - Nov 5

    11/04/09 - Financial Announcement - View Story

  • Moody's affirms Westpac Banking ratings following lost tax case

    10/08/09 - Bond / Stock Rating - View Story

  • PRESS DIGEST-Australian Business News - Sept 28

    9/27/09 - Financial Announcement - View Story

  • ANZ, StanChart eye M&A in Asia to bolster growth

    8/04/09 - Merger / Acquisition - View Story

  • Late-night resignation stirs Westpac suspicions

    7/05/09 - Merger / Acquisition - View Story

  • Westpac Bank Institutional Head Phil Chronican Resigns

    6/23/09 - Mgmt. Change Leaving - Other - View Story

News & Analysis

u.s. supreme court and westpac banking corp. - All News and Analysis

  • What are accrued benefits?

    - 2002-06-30

    ABIX via COMTEX) -- The Australian "Superannuation Industry Supervision Act 1993" defines the place of "accrued benefits". This is important, for this topic is one covered by Regulation13.16 of the "Superannuation Industry Supervision Regulations 1994". The meaning of "accrued benefits" was visited in a case...

    Tags: U.S. Supreme Court, Westpac Banking Corp.

Decision Makers

Name (plus bio) Position
Peter H Winder Chief Manager and Senior Vice President
Philip Chronican CFO
Rob Whitfield Chief Risk Officer
Robert Rennie Chief Currency Strategist
Simon McNamara Group Chief Information Officer
Simon Ling Director, Corp Securities
Ann Sherry Pacific Banking
Brian Leedman Marketing and Communications Specialist
David Malcolm Head of Credit Risk
Huw McKay Senior International Economist
Ilana Atlas Group Executive, People & Performance
Michael Pratt Group Executive, Business and Consumer Banking
Philip Coffey
Richard Willcock General Counsel & Secretary
Rob Coombe
Scott Barnett Head of Consumer Mortgage Operations
Gordon M Cairns Director

Board of Directors

Name (plus bio) Position
Carolyn Hewson Board of Directors
Helen Lynch Board of Directors
Peter Hawkins Board of Directors
Peter Wilson Board of Directors
Ted Evans Board of Directors

Organization Position Status
Nyack Management Company, Inc. Vice President Current
Westpac Banking Corporation Chief Manager and Senior Vice President Current
Westpac Banking Corporation Vice President, United States Division Former
Nyack Management Company, Inc. Financial Consultant Former
University of Sydney Bs In Engineering Former

Organization Position Status
Westpac Banking Corporation CFO Current
West-Pac Former

Organization Position Status
Westpac Banking Corporation Chief Risk Officer Current
West-Pac Former

Organization Position Status
Westpac Banking Corporation Chief Currency Strategist Current

Simon McNamara is currently the Group Chief Information Officer for the Westpac Banking Corporation and is regularly invited by various Banking and IT Organisations to speak at forums and conferences. His extensive qualifications include a Bachelor of Science (Honours) in Economics and Statistics as well as a Post Graduate Diploma in Computer Science. Previously, Simon has held various positions with Financial Institutions in London including Global CIO at Deutsche Bank, and Head of Trading Technology at Midland Bank/Midland Montagu. Over the last number of years Simon has been integral in arranging and fully supporting secondments of Westpac members to the Cape York Program. Simon brings to the project over twenty years of experience with various organisations around the world.

Organization Position Status
Westpac Banking Corporation Group Chief Information Officer Current
Financial Institutions, Inc. Former

Organization Position Status
Westpac Banking Corporation Director, Corp Securities Current
Westpac Banking Corporation Director, Corp Securities Former

Organization Position Status
Globewomen, Inc President and Chief Executive Officer Current
West-Pac Group Executive Current
Westpac Banking Corporation Pacific Banking Current
Speakers Network International Current

Organization Position Status
Psivida Limited Vice President of Investor Relations Current
Westpac Banking Corporation Marketing and Communications Specialist Current
Commerce Corp. Board Member Current
University Corp. Master of Business Administration Former
University Corp. Bachelor of Economics Former

Organization Position Status
Westpac Banking Corporation Head of Credit Risk Current
Rma Australia Treasurer Current
Sydney university Bachelor of Arts Former

Huw McKay, the Senior International Economist at Westpac Banking Corporation, joined Westpac's economic team in 2000. He is Bank's spokesperson on pan-Asian economic and market issues.

Organization Position Status
Westpac Banking Corporation Senior International Economist Current
Lowy Institute Current

Organization Position Status
Westpac Banking Corporation Group Executive, People & Performance Current
West-Pac Group Secretary Former

Organization Position Status
Westpac Banking Corporation Group Executive, Business and Consumer Banking Current
Bank of New Zealand Chief Executive Officer Former
National Australia Bank Limited Chief Executive Officer, Australian Financial Services Former
Bank of New Zealand Managing Director Former

Organization Position Status
Westpac Banking Corporation Current
West-Pac Group Executive Former
Reserve Bank of Australia Former

Organization Position Status
Westpac Banking Corporation General Counsel & Secretary Current
West-Pac Former

Organization Position Status
Westpac Banking Corporation Current
West-Pac Former

Organization Position Status
Westpac Banking Corporation Head of Consumer Mortgage Operations Current

Organization Position Status
The Australian Gas Light Company Board of Directors Current
Westpac Banking Corporation Board of Directors Current
Westpac Banking Corporation Director Former
Colortone Audio-Visual Staging Director Former

Organization Position Status
Health-Corp Board of Directors Current
Westpac Banking Corporation Director Current
University of Edinburgh Master of Arts (Honours) Former

Organization Position Status
Westpac Banking Corporation Board of Directors Current
West-Pac Former

Organization Position Status
Debtconnection.Com Board of Directors Current
Liberty Financial Board of Directors Current
Westpac Banking Corporation Board of Directors Current
Merchant Advisory Group (Mag) Board of Directors Current
Inovant, LLC Director of Visa International Former
Victoria University Bachelor of Commerce and Administration Degree Former
Victoria University Degree Former

Organization Position Status
Westpac Banking Corporation Board of Directors Current
Ernst & Young partner Former

Organization Position Status
Westpac Banking Corporation Board of Directors Current
Commonwealth Bank of Australia Former
West-Pac Former
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WBK $104.83 +2.38 (2.32% )
Volume 22,974
Shares Outstanding 588.6M
Market Cap 61.7B
Year High 128.48
Year Low 45.37
Earnings Per Share 5.80
P/E Ratio 18.0741
Dividend 4.8140
Yield 4.5922
IndustryTop Rated
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