Westpac
Westpac began trading on 8 April, 1817 as the Bank of New South Wales with a single office in Macquarie Place, Sydney. In 1982, with the merger of the Commercial Bank of Australia, it changed its name to Westpac Banking Corporation. On 23 August 2002, Westpac was registered as a public company under the Australian Corporations Act (2001).
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- The Westpac Group has branches and affiliates throughout Australia, New Zealand and the near Pacific region and maintains offices in key financial centres around the world including London, New York, Hong Kong and Singapore
- As at 31 March 2010, The Westpac Group employed approximately 37,000 people in Australia, New Zealand and around the world, and had global assets of $601 billion
- Westpac is ranked in the top 5 listed companies by market capitalisation on the Australian Securities Exchange Limited (ASX). As at 31 March 2010, our market capitalisation was $83 billion.
- For the six months to 31 March 2010, The Westpac Group's reported net profit after income tax was $2,875 million.
- About 550,000 people and institutions in Australia and overseas are Westpac shareholders.
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