Westpac Banking Corp

31.35
CHANGE
-0.05 (-0.16%)
20 minute delayed prices during trading hours
VOLUME
5.3M
DAY'S HIGH
31.6
DAY'S LOW
31.26
Westpac Banking Corporation (Westpac), is a banking organization. The Company provides a range of banking and financial services in these markets, including retail, business and institutional banking and wealth management services. Westpac operates in five business divisions: Westpac Retail & Business Banking (Westpac RBB), Westpac Institutional Bank (WIB), St.George Banking Group, BT Financial Group Australia (BTFG), and New Zealand Banking. In June 2011, the Compa... continued
COMPARED TO..
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Westpac Banking Corp
Westpac Banking Corporation (Westpac), is a banking organization. The Company provides a range of banking and financial services in these markets, including retail, business and institutional banking and wealth management services. Westpac operates in five business divisions: Westpac Retail & Business Banking (Westpac RBB), Westpac Institutional Bank (WIB), St.George Banking Group, BT Financial Group Australia (BTFG), and New Zealand Banking. In June 2011, the Company ceased to be holder in PanAust Limited. On November 25, 2011, the Company announced that Westpac Banking Corporation Group ceased to be a substantial holder in the Company. As of February 24, 2012, Ludowici Limited announced that Westpac and its associated companies had ceased to be a holder in Ludowici Limited. On May 14, 2012, Primary Health Care Limited (Primary) announced that Westpac and its associated companies had ceased to be a substantial holder in Primary.

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Latest WBC news

Wesfarmers: Pressure to return to shareholders
MAY 17, 2013
With interest rates at an all-time low, a growing trend for investors has been to buy into high yielding stocks. This has prompted corporations such as Westpac (ASX: WBC), ANZ (ASX: ANZ) and Woodside Petroleum (ASX: WPL) to all increase their returns to investors, whilst Rio Tinto (ASX: RIO) and BHP Billiton (ASX: BHP) have made suggestions that they will do the same.
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CBA rewards staff members
MAY 15, 2013
NAB, the ANZ (ASX: ANZ) and Westpac Banking Corporation (ASX: WBC) have all cut a number of jobs and sent many more overseas to take advantage of lower employee costs. Whilst this may contribute to higher profits, many Australians have criticized these decisions, arguing that in a time where the banks are realizing such heavy profits, employees should not have to feel so uneasy about the future of their jobs.
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Why Commonwealth Bank has smashed the market
MAY 15, 2013
Interest rates have dropped seven times since November 2011, which has given the CBA and other banks like Westpac (ASX: WBC) the option to withhold the cuts and spin off extra profit. However, it was the CBA’s dominance as the top mortgage lender that helped the banking giant secure a 12% profit increase.
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