Westpac Profit Rises, Joins Rivals Cutting Bad Debts
Westpac Profit Rises, Joins Rivals Cutting Bad Debts
Westpac Banking Corp. said third- quarter profit rose 27 percent as Australia’s second-biggest lender joined Commonwealth Bank of Australia in stemming losses from loans after the financial crisis.
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Tags: Bad Debts, Bank Of Australia, Businessweek, Commonwealth Bank Of Australia, cutting, debts, Financial Crisis, Joins, Loans, losses, Profit, Quarter Profit, Rises, rivals, Rose, Westpac, Westpac Banking, Westpac Banking Corp
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