| Westpac Banking Corporation provides a range of banking and financial services, including retail, commercial, and institutional banking; and wealth management activities. The company offers financial products, including savings and check accounts, demand and term deposits, credit cards, and personal and housing loans to individuals and small to medium-size businesses in Australia. It also offers managed investments, such as mutual funds; personal and business superannuation, including pensions; life insurance; income protection; discount securities broking; margin lending; client portfolio administration, including wrap platforms; and portfolio management and administration of corporate superannuation. In addition, Westpac provides banking, financial, and advisory services to corporate, institutional, and government customers in Australia and New Zealand. The company was founded in 1817. It was formerly known as Bank of New South Wales and changed its name to Westpac Banking Corporation in 1982. Westpac is based in Sydney, Australia. |