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Saturday, December 19, 2009, 12:29AM ET - U.S. Markets Closed. Dow Up 0.20% Nasdaq Up 1.45%
Westpac Banking Corporation (WBK)On Dec 18: 104.83  Up 2.38 (2.32%)  
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Westpac Banking Corporation
Level 20
275 Kent Street
Sydney, NSW 2000
Australia - Map
Phone: 61 2 9293 9270
Fax: 61 2 8253 1888
Web Site: http://www.westpac.com.au

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Foreign Money Center Banks
Full Time Employees:36,199

BUSINESS SUMMARY 
Westpac Banking Corporation provides a range of banking and financial products and services to individuals and corporate customers primarily in Australia and New Zealand. The company offers various financial services, such as lending, deposit taking, payments services, investment portfolio management and advice, unit trust and superannuation fund management, insurance services, leasing, general finance, foreign exchange, and money market services. Its deposit products include day to day accounts, savings accounts, term deposits, business transaction accounts, business savings and investment accounts, and trust accounts. The company also offers advances, overdrafts, home loans, credit card and other personal lending services, term loans, leasing receivables, bill financing, and redeemable preference share financing and acceptances. In addition, Westpac Banking Corporation provides insurance products, such as home and contents insurance, life insurance, car insurance, travel insurance, credit and loan repayment insurance, disability and living insurance, and income protection and business overheads insurance; superannuation and retirement products; and investment products. Further, it offers travelersÂ’ checks, merchant services, pay roll services, funding solutions, cash flow solutions, business administration solutions, and international trade and payments products. Additionally, the company provides various products and services to manage commodity exposures. As of September 30, 2009, it operated 1,491 branches. The company was formerly known as the Bank of New South Wales and changed its name to Westpac Banking Corporation in 1982. Westpac Banking Corporation was founded in 1817 and is headquartered in Sydney, Australia.
Key Statistics

COMPANY WEBSITES 
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    KEY EXECUTIVES 
     PayExercised
    Mrs. Gail Patricia Kelly Dip. ED, BA, MBA, Doctor of Bus., 53
    Chief Exec. Officer, Managing Director, Director, Member of Technology Committee and Member of Sustainability Committee
    $ 4.78MN/A
    Mr. Philip Coffey B.Eco (Hons)., 52
    Chief Financial Officer
    N/A N/A
    Mr. Robert Coombe LLB (Hons.), 46
    Group Exec. of Retail & Bus. Banking and Chief Exec. Officer of BT Financial Group
    N/A N/A
    Mr. Greg Bartlett , 56
    Chief Exec. of St George Bank
    $ 1.20MN/A
    Mr. George Frazis B Eng (Hons) MBA (AGSM) MBA (Wharton), 44
    Chief Exec. Officer of Westpac New Zealand Limited
    $ 1.10MN/A
    Dollar amounts are as of 31-Dec-09 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.


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