Business
Westpac shares punished on cost blowout, margin crunch – Sydney Morning Herald
Investor confidence in Westpac chief executive Peter King’s turnaround plan has been dented by a weak set of financial results….
Investor confidence in Westpac chief executive Peter Kings turnaround plan has been dented by a cost blowout and a sharp contraction in the lending giants profit margins, sparking a dramatic plunge in its shares.
Westpac on Monday reported full-year cash…
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