Westpac Banking Corp announced on Thursday that it would sell Resimac Group, a non-bank lender, its book of vehicle finance loans. The sale is likely to…
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On Tuesday, the CEOs of Australia’s three biggest banks stated that the country’s housing scarcity may be pushing up prices. However, it is also preventing immigrants…
As profits from its institutional arm surpassed those from its home lending division on Friday, Australian lender ANZ Banking Group Ltd (ANZ.AX) announced that it was…
Australia’s Westpac Banking Corp (WBC.AX) on Monday dropped a cost-cutting goal, blaming inflation, but after easily exceeding first-half profit projections, investors drove the stock higher. May…