Tuesday, 2 June 2015

Bank of Melbourne co-incidence to Westpac Bank

  1. Bank of Melbourne
    1989
  2. The Bank of Melbourne is a financial institution based in Melbourne, Australia, established in 1989 and taken over by the Westpac Banking Corporation in 1997. In 2004, Westpac rebranded the Bank of Melbourne branches as Westpac branches
  3. BANK OF MELBOURNE LIMITED BML - Profile and Status ...

    www.delisted.com.au/company/bank-of-melbourne-limited

    Nov 7, 1997 - we understand that on 3 April 1997, Westpac announced a bid to acquire 100% of the Bank of Melbourne's issued capital - the total



  1. Our history | Westpac

    www.westpac.com.au/about-westpac/westpac-group/.../our-history/

    We're Australia's first bank, and first company, established in 1817 as the Bank of New ... Australia in 1995; Trust Bank New Zealand in 1996; Bank of Melbourne in 1997. ... (ADI), and the legal entity St.George Bank Limited was deregistered.
  2. When I was working for a trading name, it was Trading name trading as the main company on the letterheads, this is not happening with the banks I have noticed and to Westpac Group.
  3. http://www.westpac.com.au/docs/pdf/aw/ic/2014WestpacGroupAnnualReport.pdf
  4. Subsidiary - Wikipedia, the free encyclopedia

    en.wikipedia.org/wiki/Subsidiary

    subsidiarysubsidiary company, or daughter company is a company that is owned or controlled by another company, which is called the parent company, parent, or holding company. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a government or state-owned enterprise.
  5. Subsidiary Definition | Investopedia

    www.investopedia.com/terms/s/subsidiary.asp

    DEFINITION of 'Subsidiary' A company whose voting stock is more than 50% controlled by another company, usually referred to as the parent company or holding company. A subsidiary is a company that is partly or completely owned by another company that holds a controlling interest in the subsidiary company.

  6. On 14 November 2007 Paul Fegan was announced as the new CEO of the St.George Bank, to replace Gail Kelly who had departed on 17 August 2007 to become CEO of Westpac Banking Corporation.
    On 9 May 2008, Westpac and St.George released communications outlining an intention to merge, which was approved by St.George shareholders on 13 November 2008, and upheld by the Australian Federal Court on 17 November 2008. Immediately following the court decision, Paul Fegan announced his resignation as CEO and managing director. St.George, and BankSA, became a subsidiary of Westpac on 1 December 2008.
    Upon completion of the merger with Westpac, Greg Bartlett (former Group Executive in charge of St.George Institutional and Business Bank) was appointed chief executive officer of the bank, reporting to the chief executive officer of Westpac, Gail Kelly.

    Relaunch of Bank of Melbourne[edit]

    The Bank of Melbourne is a subsidiary of Westpac Banking Corporation, and was relaunched in August 2011. Previously, Westpac Banking Corporation had purchased the old Bank of Melbourne business in 1997 (a separate and independently operating building society located in Melbourne), and after some preliminary steps, subsequently closed its doors in 2002 and merged the remaining operations under the Westpac banner. The relaunched Bank of Melbourne is replacing the St.George Bank brand completely throughout Victoria.
  7. Federal Court details   I could  not find the court documents.

    1. Ex-St George chief denies misleading staff

      www.smh.com.au/.../exst-george-chief-denies-misleading-staff-2012091...

      Sep 19, 2012 - Paul Fegan, the former chief executive of St George Bank, has denied that ... Appearing in Federal Court as a witness today, Mr Fegan said news of the ...But after St George and Westpac merged those employees were made  ...

    2. www.westpac.com.au/about-westpac/.../bankofmelbourne-mediarelease/


      Bank of Melbourne
       is a bank designed by Victorians to serve the needs of Victorians. Over the next five years it will grow to over 100 branches and corporate
        ...
    3. St.George Banking Group (St.George) is responsible for sales and service to consumer, SME and corporate customers (businesses with facilities up to $150 million) in Australia under the St.George, BankSA, Bank of Melbourne and RAMS brands.
    4. Yet St George Banking Group?  
    5. http://abr.business.gov.au/SearchByName.aspx?SearchText=St+George+Banking+Group  This identity should be listed under ABN separately as it is being ran as St George Banking Group.  
    6. Minority Report by Senator Xenophon - Parliament of Australia


      www.aph.gov.au/Parliamentary_Business/...10/bank_mergers.../d02
      1.7 The Senate inquiry was spurred by the Westpac/St George Bank merger which ....the acquisition, the ACCC can apply to the Federal Court for an injunction,
  8. Matching names
    ABNNameTypeLocation
    33 007 457 141
    Active
    BANK OF MELBOURNEBusiness Name 2000 NSW

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