Westpac will absorb a $2.2 billion hit from a surge in bad loans.
Westpac's provision is roughly twice that taken by National Australia Bank
Westpac also took a $1.4 billion provision for money laundering charges.
Only $3.6 billion then ....
more to come....across all the banks
How it feels to miss the bottom?, page-253
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$131.66 |
Change
1.740(1.34%) |
Mkt cap ! $220.3B | |||
| Open | High | Low | Value | Volume |
| $130.80 | $131.84 | $129.89 | $256.3M | 1.965M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 601 | $131.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $131.66 | 712 | 1 |
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