.
Westpac Banking Corporation (ASX:WBC) was the only major bank to capture retail fund inflows during the March quarter, according to a report by the Australian Financial Review.
Weak growth in investment fund flows and nervous investors are having a negative impact on banks’ wealth management operations.
Westpac recorded overall inflows of $239 million. Australia and New Zealand Banking Group (ASX:ANZ) fell $168 million. The Commonwealth Bank of Australia (ASX:CBA) dropped $235 million and National Australia Bank Ltd (ASX:NAB) shed $330 million.
Westpac generated a net profit of $3.9 billion in the six months to 31 March 2011.
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Last
$32.89 |
Change
0.110(0.34%) |
Mkt cap ! $98.12B | |||
| Open | High | Low | Value | Volume |
| $32.66 | $32.91 | $32.59 | $162.8M | 4.957M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5639 | $32.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.89 | 3246 | 4 |
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| Last trade - 16.16pm 17/09/2025 (20 minute delay) ? |
| ANZ (ASX) Chart |