Westpac Banking CorporationSydney, Australia (NYSE: WBK)

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Westpac Banking Company Description

Westpac Banking has more than 1,000 branches in Australia, New Zealand, and neighboring Pacific islands. It is the smallest of the four major Australian banks, behind National Australia Bank and Commonwealth Bank of Australia, and Australia and New Zealand Banking Group. The company operates in six segments: consumer financial services, business financial services, BT Financial Group Australia (investment services), Westpac Institutional Bank (corporate financial services), Pacific banking, and New Zealand Banking (operating as the Bank of New South Wales). Westpac Banking was founded in 1817 as the Bank of New South Wales.

View the Comprehensive Company Description for Westpac Banking

The Company Description provides a historical perspective of Westpac Banking's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Westpac Banking's evolution in the marketplace.

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