Buying right at the wrong time The acquisitions made by Westpac and Commonwealth Bank on the eve of the banking industry downturn were well-founded, yet poorly timed. Don't be surprised if there's a downside yet to be revealed. Loading...... | More Related Industry Sectors View the latest stories on Financial Services Related People View all stories on GAIL KELLY Related Companies View all stories on BANK WEST View all stories on COMMONWEALTH BANK OF AUSTRALIA View all stories on HBOS View all stories on ST GEORGE BANK View all stories on WESTPAC BANKING CORPORATION