Banking Day
Westpac Institutional Bank will set out to grow its balance sheet, but trim investment while focusing on “capability”.
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Westpac Institutional Bank will set out to grow its balance sheet, but trim investment while focusing on “capability”.
Jefferies says Westpac is “well behind the pack” after letting the institutional bank meander for a decade.
The rate at which the bank has split, combined and again split its consumer and business divisions is enough to give it whiplash. But Peter King’s latest call is correct.
. If WBC meets the Morgan Stanley target it will return approximately -5% .© 2023 Acquisdata Pty Ltd., source FN Arena...
(Reuters) - Westpac Banking Corp on Wednesday said it would split its consumer and business banking business into two, with each having its own CEO,