Wednesday, August 27, 2014 6:53 PM EST

Westpac

Westpac (a portmanteau of "Western-Pacific", registered as Westpac Banking Corporation, ASX: WBC, NZX: WBC), is a multinational Financial services company and became the largest bank in Australia (by market capitalisation) after it took over St George, and the second-largest bank in New Zealand. The bank is one of the Australian 'big four' banks, joining NAB, ANZ, and the Commonwealth Bank. Read More

Headlines Around the Web

Articles About Westpac

A car sinks into a hole caused by an earthquake in the southern New Zealand city of Christchurch June 13, 2011.
New Zealand's High Growth Rate Predicted To Fall When Christchurch Rebuild Halts

By IBTimes AU

New Zealand's economy may be heading for "the rocks" when it rebuild in Christchurch and migration rate slows down. Economists believe the country cannot sustain a high growth rate in the coming years. (Aug 26)

MORE TOPICS: CHINA, UNEMPLOYMENT, GDP, AUSTRALIA, EARTHQUAKE

stock market indices
Australian Stock Market Report – Midday August 14, 2014

By Comsec

The Australian sharemarket has been unable to replicate yesterday's 1.3 per cent surge at lunch, with the All Ordinaries Index (XAO) down 0.3 per cent. Today is one of the busiest days for markets in the region with a barrage of earnings results... (Aug 14)

MORE TOPICS: CHINA, TWITTER, FACEBOOK, AUSTRALIA, RETAIL, COPPER

A broker monitors the market from his booth during a trading session at Karachi Stock Exchange
Australian Stock Market Report – Afternoon August 12, 2014

By Comsec

The Australian sharemarket has been unable to replicate yesterday's 1.3 per cent surge at lunch, with the All Ordinaries Index (XAO) down 0.3 per cent. Today is one of the busiest days for markets in the region with a barrage of earnings results... (Aug 13)

MORE TOPICS: CHINA, TWITTER, FACEBOOK, AUSTRALIA, RETAIL, COPPER

U.S. one-hundred dollar bills are seen in this photo illustration at a bank in Seoul August 2, 2013. Picture taken August 2, 2013.
Australian Dollar Outlook - 13 August 2014

By IBTimes AU

Bell FX Currency Outlook: The Australian Dollar remained in a tight range during a quiet session. (Aug 13)

MORE TOPICS: CHINA, RETAIL SALES, GDP, AUSTRALIA, RETAIL, RUSSIA

Humanitarian aid
Global Markets Overview – August 13, 2014

By IG Markets

It certainly seems to be a headline geopolitical risk driven market at the moment, as any news out of Russia, Ukraine or Iraq dictate sentiment. This time around the news wasn't too constructive with investors concerned about Russia using humani... (Aug 13)

MORE TOPICS: CHINA, GOLD, IRAQ, DOW JONES, FTSE, GERMANY

Westpac ATM
Maurice Blackburn Lead Large Class Action vs 5 Aussie Banks Over Credit Card Late Fees

By IBTimes AU

The law firm Maurice Blackburn filed on Tuesday a new class action suit before the New South Wales Supreme Court against ANZ, Citibank and Westpac over credit card late fees. (Aug 13)

MORE TOPICS: COURT, AUSTRALIA, AMERICAN EXPRESS, SUPREME COURT, LAW FIRM, LAWSUIT

New Zealand Dollar
Reserve Bank of New Zealand Raises Interest Rates Due to 'Unsustainable' Kiwi

By IBTimes AU

The New Zealand dollar fell to its six-week low against the U.S. dollar after the Reserve Bank governor, Graeme Wheeler, said the strength of the Kiwi was "unjustified." This paved the way for the Reserve Bank of New Zealand to intervene in the currency exchange market. (Jul 24)

MORE TOPICS: AUSTRALIA

Westpac ATM
CBA, NAB, Westpac in Fixed Rate War Offering Below 5% Interest

By IBTimes AU

Three of the big four banks in Australia cut their fixed interest rates on Wednesday to below 5 per cent as part of a rate war among the lenders. The rate war provides borrowers the opportunity to enjoy record-low interest rates on the long term. (Jul 24)

MORE TOPICS: AUSTRALIA, RETAIL

Frankfurt Stock Exchange (DAX)
Australian Stock Market Report –Afternoon July 22, 2014

By Comsec

It was another very quiet day on the Aussie market with total market turnover only at 2Billion shares well down own the daily average. Investors nervous about entering the market at present and larger investors sitting the day out from trading ahead ... (Jul 22)

MORE TOPICS: DOW JONES, GERMANY, TWITTER, FACEBOOK, AUSTRALIA, UKRAINE

The site of a Malaysia Airlines Boeing 777 plane crash
Australian Stock Market Report – Afternoon July 18, 2014

By Comsec

After a trying and emotional night in the US on the back of the crash of Malaysia Airlines flight MH17 and escalated international tensions in the Middle East, Malaysia Airlines is currently down 11% as investors come to grips with the news. (Jul 18)

MORE TOPICS: GOLD, TWITTER, FACEBOOK, AUSTRALIA, MANAGEMENT, QANTAS