Case studies
| Westpac & the Bank of Melbourne: The Anatomy of a Bank Merger (A) | |
|---|---|
| Case number | 419 |
| Year | 2000 |
| Discipline | Corporate Strategy |
| Pages | 31 |
| Authors | Dow D, Gustavson R., Bennett J Curnow A |
| Affiliation | Melbourne Business School |
| Subject | Banking Business Strategy Mergers & Acquisitions |
Examines the strategy behind Westpac’s acquisition of the Bank of Melbourne in 1997. Background includes an overview of Australian banking, and of Westpac and the Bank of Melbourne in the 1980s and early 1990s. Earlier Australian bank mergers are discussed. The merger is examined from the point of view of finance, market share, IT, and corporate culture.
