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Westpac Banking Corporation, also known as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney, New South Wales. [ 2 ] Established in 1817 as the Bank of New South Wales , it acquired the Commercial Bank of Australia in 1981 before being renamed to Westpac Banking Corporation ...
On 3 April 1997, Westpac made a $1.43 billion bid to acquire the Bank of Melbourne. At the time, Westpac had a branch network almost twice as large in Victoria as the Bank of Melbourne (212 branches), but a smaller share of the local lending and deposit markets (8.6% and 9.1% respectively). [2]
Latitude began as the Australian and New Zealand personal finance and motor dealer finance operations of Australian Guarantee Corporation acquired from Westpac in 2002 by GE Capital. [3] GE Capital sold its Australian and New Zealand business in 2015 to a consortium led by Deutsche Bank, KKR and Värde Partners. [4]
In 2011, Westpac relaunched a redesigned Bank of Melbourne brand, trading with the infrastructure and employees of St George Bank in Victoria and led by Chief Executive Scott Tanner. [ 3 ] [ 4 ] Bank of Melbourne's logo is a navy blue shield, reflecting the architecture of Melbourne [ 5 ] and Victoria's state colour.
(Note: In 200:The Westpac Story on page 296 there is a chronological list of presidents of the Bank of New South Wales 1817-1982 followed by a list of chairmen of Westpac Banking Corporation 1982–2017.)
Westpac New Zealand, known simply as Westpac, is a New Zealand bank that is a subsidiary of the Australian Westpac Banking Corporation. The bank is one of New Zealand's big four banks. It operates under the same brand as its parent but is operationally separated as required by the New Zealand banking regulator the Reserve Bank of New Zealand.
The Orlando Magic, along with the entire basketball community, expressed their deep condolences on social media following the tragic death of Latvian basketball star and NBA player Janis Timma.His ...
BT, formerly BT Financial Group, is a financial-services company based at Tower Two, International Towers, Sydney, with operations in both Australia and New Zealand.. In 1969, BT began as the Australian subsidiary of the Bankers Trust Company of New York, Bankers Trust Australia.