April 30 (Reuters) - Westpac Banking Corp (WBC) :
- CASH EARNINGS IN FIRST HALF 2019 WILL BE REDUCED BY $357 MILLION
- CO YET TO FINALISE REMEDIATION APPROACH WHICH MAY CHANGE FOLLOWING INDUSTRY AND REGULATOR DISCUSSIONS
- TOTAL IMPACT ON CASH EARNINGS IN FIRST HALF 2019 ASSOCIATED WITH PROVISIONS FOR CUSTOMER REMEDIATION PROGRAMS IS $617 MILLION
- $357 MILLION REDUCTION IN H1 CASH EARNINGS DUE TO ACCOUNTING PROVISIONS FOR AUTHORISED REPRESENTATIVES
Source text: http://bit.ly/2vqCemY
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News: WBC Westpac Banking Corp Says H1 Cash Earnings To Take $357 Mln Additional Hit
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