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Home > Company Index > Banking > Banking - Asia & Australia > Westpac Banking Corporation

Westpac Banking Corporation
NYSE: WBK
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 NEWS FROM THE STANDARD
Forex Heavyweights in Online Trading War
Aug 14 2000 08:46 AM PDT

 PROFILE
Dollars are a little more colorful Down Under. Australians can deposit their multi-colored plastic notes at one of Westpac Banking's more than 1,100 branches in Australia, New Zealand, and the Pacific Islands. The bank is one of the four major Australia banks behind National Australia Bank, Commonwealth Bank of Australia, and Australia and New Zealand Banking Group. Westpac operates under such local nameplates as Bank of Melbourne, Challenge Bank, and Bank of Tonga (60%-owned), providing a range of banking and financial services to individual, commercial, and corporate customers. Subsidiaries provide business and auto dealer financing; investment advisory; and other services.

 COMPETITION
Australia and New Zealand Banking Group Limited (ANZ)
Commonwealth Bank of Australia (CBA)
National Australia Bank Limited (NAB)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 6,965.00
1-Yr. Sales Growth: 0.6%
Employees: 31,000
Revenue per employee: $224,677.42

 KEY PEOPLE
• David R. Morgan
    CEO
• R. Patrick Handley
    CFO

 CONTACT INFO
60 Martin Place
Sydney NSW 2000, Australia
Phone: 61-2-9226-3311
Fax: 61-2-9226-4128
Online: Web Site

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