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Westpac And St George Merger Discussion

Westpac and St. George Merger Discussion

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Title: Westpac and St. George Merger Discussion

Essay Details:

Subject: Business

Author: Caryn T

Date: October 2, 2013

Level: University

Grade: B

Length: 3 / 889

Essay text:

The emphasis St. George has on its customers makes St. George stands out from other Australian banks. Customer service is St. George's priority in business culture, they are constantly investing and developing better relationship with its customers2. Westpac and St. George have recently merged as a $16.3 billion group3, making it the largest provider of home lending with a market share of 25% and also Australia's largest wealth platform provider with funds under administration of $108 billion. The merge would create Australia's leading financial services company for customers, shareholders and employees with a AA credit rating complemented by a larger balance sheet and greater access to funding4...

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