Yep, In light of the changed economic outlook ... Westpac has increased provisions for expected credit losses to $5.8 billion, which includes approximately $1.6 billion of additional impairment charges predominantly related to COVID-19 impacts..
The underperforming businesses will be transferred into a new division, with options to be reviewed including their sale. The review would provide an opportunity to "release" $4 billion in regulatory capital....
Yep, In light of the changed economic outlook ... Westpac has...
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Last
$27.82 |
Change
0.140(0.51%) |
Mkt cap ! $96.23B | |||
| Open | High | Low | Value | Volume |
| $27.74 | $28.06 | $27.51 | $162.4M | 5.845M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10517 | $27.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.85 | 33 | 1 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| WBC (ASX) Chart |