Westpac Banking Corp
Westpac Banking Corporation is an Australia-based company that provides banking and selected financial services, operating under multiple brands, and predominantly in Australia and New Zealand, with a small presence in Europe, North Amer…
The business
Westpac Banking Corporation is an Australia-based company that provides banking and selected financial services, operating under multiple brands, and predominantly in Australia and New Zealand, with a small presence in Europe, North America, Asia and the Pacific. Its segments include Consumer, Business & Wealth, Westpac Institutional Bank (WIB), Westpac New Zealand and Group Businesses. The Consumer segment provides a full range of banking products and services to customers in Australia through three lines of business consisting of mortgages, consumer finance and cash and transactional banking. The Business & Wealth segment comprises business banking, wealth management, private wealth, and Westpac Pacific. The WIB segment delivers a range of financial products and services to corporate, institutional and government customers. The Westpac New Zealand segment provides banking, and wealth products and services for consumer, business and institutional customers in New Zealand.
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Latest news

Market Wrap: September Swoon Continues As Higher Rates And Oil Depress Prices
ASX 200 slips 0.4% to 8,665 as September deepens amid higher rates and oil spike; tech falls, staples edge higher amid market rout.

Market Wrap: third week of losses as rising rates take their toll
ASX slips for a third straight week as bets on another rate rise surge after the RBA warns inflation remains a threat; miners rally, banks and energy retreat.

Market Wrap: Soaring bond yields, oil and recession fears crunch Australian shares
ASX 200 falls as bond yields spike and oil surges, dragging miners lower while banks cling to gains amid rate-hike fears.

Market wrap: Stronger Wall Street not enough to save Australian shares from a weekly fall
ASX 200 dips 0.2% as weekly drop deepens despite Wall Street tech gains; traders eye another RBA rate rise as oil tops $95.
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