Read the following extract from The Financial Review of May 6th, 2010 by Vesna Poljak . Westpac sails to $3 billion super profit Bad debts down,home loans up GFCaftershocksa concern Westpac BankingCorp chiefexecutive Gail Kelly delivereda firsthalfcash profit of $3 billion, up 30 percent,as bad debts from institutional borrowers shrank dramatically and earnings from wealthmanagement […]
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