| Business Summary | | Westpac
Banking
Corp.
is
a
leading
provider
of
banking
and
financial
services
in
Australia
and
New
Zealand.
The
Company
is
one
of
the
four
major
banking
organizations
in
Australia
and
one
of
the
three
largest
banks
in
New
Zealand
based
on
total
assets
as
of
September
30,
1999.
Westpac's
broad
range
of
banking
and
financial
services
include
retail,
commercial
and
institutional
banking;
investment
management
and
insurance;
and
finance
company
activities.
The
Company's
operations
comprise
three
key
areas
of
business
-
Australian
Retail
Financial
Services,
Institutional
Banking,
and
New
Zealand
Retail
and
Pacific
Regional
Banking. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Westpac
Banking
Corp.
provides
banking
services
in
Australia,
New
Zealand
and
the
Pacific
Islands.
For
the
six
months
ended
3/31/01,
total
interest
income
rose
22%
to
A$5.40
billion.
Net
interest
income
after
loan
loss
prov.
rose
4%
to
A$1.89
billion.
Net
income
before
U.S.
GAAP
adjustment
rose
13%
to
A$924
million.
Net
interest
income
reflects
higher
interest
earning
assets,
partially
offset
by
a
higher
cost
of
funds.
Net
income
reflects
higher
transaction
fees
and
commissions. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | John Uhrig | Chairman | Robert Joss | CEO,
Managing Director | Phil Chronican | CFO,
Director | David Morgan | Exec.
Director and Group Exec., Institutiuonal and International Banking | Bettie McNee | Sec.
and Gen. Counsel |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|