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KM Financial Solutions | UPDATE 1-Australia’s Westpac looks to raise $1.7 bln as profit slumps 15%
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UPDATE 1-Australia’s Westpac looks to raise $1.7 bln as profit slumps 15%

02 Nov UPDATE 1-Australia’s Westpac looks to raise $1.7 bln as profit slumps 15%

Posted at 21:29h in News by
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Westpac Banking Corp reported a
15% drop in full-year cash earnings on Monday and said it was
looking to raise A$2.5 billion ($1.73 billion) as Australia’s
No. 2 lender looks to beef up its capital levels to meet
regulatory requirements.

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