KM Financial Solutions | Australia’s Westpac profit falls 15%, cuts dividend
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Australia’s Westpac profit falls 15%, cuts dividend

Australia’s Westpac profit falls 15%, cuts dividend

Westpac Banking Corp reported a
15% drop in full-year cash earnings on Monday and cut its
dividend, as Australia’s No.2 lender also set aside more money
to meet compliance and customer compensation costs.

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