UPDATE 1-Australia’s Westpac looks to raise $1.7 bln as profit slumps 15%
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.
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.
Posted by Reuters
