UPDATE 3-Fitch cuts outlook for Australia banks Westpac, ANZ on capital burden
Fitch Ratings lowered its outlook for
Westpac Banking Corp and Australia and New Zealand
Banking Group Ltd (ANZ) to “negative” from “stable”,
citing greater capital requirements imposed on Australia’s No.2
and No.3 lenders.
Westpac Banking Corp and Australia and New Zealand
Banking Group Ltd (ANZ) to “negative” from “stable”,
citing greater capital requirements imposed on Australia’s No.2
and No.3 lenders.
Posted by Reuters
