.
Bank of Melbourne, owned by Westpac (ASX:WBC) is set to poach about 150,000 of Commonwealth Bank’s (ASX:CBA) customers.
A document presented to a board meeting of Westpac last week, predicts the Bank of Melbourne will lure just under 300,000 customers from other major Australian lenders, costing them an estimated$100 million annually.
Westpac posted a net profit of $3.9 billion in the in the six months to March 31, 2011.
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Last
$168.33 |
Change
-0.570(0.34%) |
Mkt cap ! $281.6B | |||
| Open | High | Low | Value | Volume |
| $169.10 | $169.13 | $167.78 | $231.7M | 1.376M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3 | $168.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $168.33 | 889 | 1 |
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| Last trade - 16.19pm 16/09/2025 (20 minute delay) ? |
| CBA (ASX) Chart |