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Westpac Banking Corp (WBCPB.AX)

WBCPB.AX on Australia Stock Exchange

100.82AUD
16 Sep 2014
Change (% chg)

$-0.03 (-0.03%)
Prev Close
$100.85
Open
$100.85
Day's High
$100.85
Day's Low
$100.80
Volume
10,923
Avg. Vol
--
52-wk High
--
52-wk Low
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Latest Key Developments (Source: Significant Developments)

NZX Regulation places trading halt on Westpac ordinary shares and debt securities
Sunday, 7 May 2017 04:39pm EDT 

May 8 (Reuters) - NZX Regulation::Placed trading halt on Westpac Banking Corporation ordinary shares and debt securities.  Full Article

ACCC denies authorisation for banks to collectively bargain with Apple, boycott Apple Pay
Thursday, 30 Mar 2017 07:05pm EDT 

Australian Competition And Consumer Commission- : ACCC denies authorisation for banks to collectively bargain with Apple and boycott Apple Pay . "ACCC is not satisfied, on balance, that the likely benefits from the proposed conduct outweigh the likely detriments" . "Concerned that the proposed conduct is likely to reduce or distort competition in a number of markets" .Says banks sought authorisation to bargain with Apple for access to near-field communication (NFC) controller in Iphones, reasonable access terms to App store.  Full Article

Westpac Banking enters into enforceable undertaking with ASIC
Tuesday, 14 Mar 2017 09:17pm EDT 

Westpac Banking Corp : Westpac enters into an enforceable undertaking with ASIC-WBC.AX . Entered into an enforceable undertaking with Australian Securities And Investments Commission . Westpac has also agreed to make a $3 million community benefit payment to financial literacy Australia . Enforceable undertaking following investigation into wholesale spot foreign exchange (fx) trading activity between jan 2008 and june 2013 . Payment to financial literacy australia to assist in addressing financial capability of vulnerable people, including women experiencing family violence, elderly and youth at risk .As part of enforceable undertaking, co will continue to progress its program of strengthening processes in spot FX trading business.  Full Article

Westpac Banking Corp says deputy CEO Phil Coffey has decided to retire
Monday, 13 Mar 2017 10:17pm EDT 

Westpac Banking Corp : deputy chief executive officer Phil Coffey has decided to retire . Coffey will leave Westpac Group on 31 may 2017 .Coffey will continue in his role as chairman of Westpac Bicentennial Foundation.  Full Article

Westpac Banking says CET 1 capital ratio 9.26 pct at 31 Dec
Monday, 20 Feb 2017 04:12pm EST 

Westpac Banking Corp : Westpac's common equity tier 1 (CET1) capital ratio was 9.26% at 31 December 2016, down 22 basis points from 30 September 2016 .Total RWA increased $1.4 billion (0.3%) this quarter.  Full Article

Hotel Property Investments announces expected distribution, refinancing and property revaluation
Wednesday, 21 Dec 2016 05:20am EST 

Hotel Property Investments Ltd : Expected distribution, refinancing and property revaluation . Total expected distribution for half year of 22.2 cents . Has refinanced its outstanding loan facilities, entering into new 3 and 5 year loans with Commonwealth Bank And Westpac . Aggregate limit of facilities is $285 million, with $247.3 million drawn or committed at 21 december 2016 . Expected distribution of 9.7 cents per stapled security from trading operations for half year ending 31 december 2016 . Board amended its valuation policy, it will obtain independent valuations for at least 50% of properties each year .Commissioned independent valuations for property portfolio; total valuation at $644.8 million, an increase of $56.5 million.  Full Article

Westpac Banking Corp says asset quality expected to remain sound in year ahead
Thursday, 8 Dec 2016 08:41pm EST 

Westpac Banking Corp : Asset quality is expected to remain sound in year ahead . Competition is also expected to remain intense from both existing competitors and new entrants, particularly in so-called fintech space . Growth is a little uneven across states . Growth in services sector, rise in residential & infrastructure investment & improved net exports gains offset second order effects from slowdown in mining investment . It is likely that additional stress will emerge in sectors and regions undergoing some structural change . Outlook for Australia and New Zealand remains positive .Global environment seems particularly volatile at present, domestic fundamentals are sound.  Full Article

Westpac Banking Corp says asset quality expected to remain sound in year ahead
Thursday, 8 Dec 2016 06:25pm EST 

Westpac Banking Corp : Asset quality is expected to remain sound in year ahead . Competition is also expected to remain intense from both existing competitors and new entrants, particularly in so-called fintech space . Growth is a little uneven across states . Growth in services sector, rise in residential & infrastructure investment & improved net exports gains offset second order effects from slowdown in mining investment . It is likely that additional stress will emerge in sectors and regions undergoing some structural change . Outlook for Australia and New Zealand remains positive .Global environment seems particularly volatile at present, domestic fundamentals are sound.  Full Article

Westpac Banking will issue tier 2 subordinated instruments on Oct 7
Friday, 7 Oct 2016 01:01am EDT 

Westpac Banking Corp : Westpac will issue tier 2 subordinated instruments on ct 7 . Issue of tier 2 subordinated instruments will not have a material impact on Westpac's financial position .Proceeds of issue, less costs of issue, will increase Westpac's total capital ratio on a level 2 basis by less than 0.1%.  Full Article

Westpac Banking Corp issues dividend update
Monday, 5 Sep 2016 04:32pm EDT 

Westpac Banking Corp: Westpac views over securities in BHP . amending dividend payable on Westpac views over securities in BHP from $0.1819 per security to $0.1852 per security .  Full Article

BRIEF-Westpac Banking Corp files for potential mixed shelf size - SEC filing‍​

* Westpac Banking Corp - files for potential mixed shelf; size not disclosed - SEC filing‍​ Source text: (http://bit.ly/2xQxNlx) Further company coverage: