Westpac Banking Corp

WBK-N

NYSE:WBK

12.89
0.28 (2.22%)
Westpac Banking Corporation, more commonly known as Westpac, is an Australian bank and financial-services provider headquartered in Westpac Place, Sydney. It is one of Australia's "big four" banks. Its name is a portmanteau of "Western-Pacific".
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Analysis and Opinions about WBK-N

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
October 15, 2004
Big concern on Australian banks is the mortgage issue. Housing market grew at an alarming rate and interest rates have gone up quite a bit. Strong management and good discipline, but no great growth going forward.
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Big concern on Australian banks is the mortgage issue. Housing market grew at an alarming rate and interest rates have gone up quite a bit. Strong management and good discipline, but no great growth going forward.
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