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Australia's Westpac Profit Soars, Margin Shrinks

November 02, 2010

Westpac Banking Corp, Australia's third-largest lender, reported a 26 percent jump in second-half cash earnings, in line with forecasts, and joined rivals in warning that high funding costs were squeezing margins.

Source: http://www.cnbc.com/id/39976606?__source=RSS*tag*&par=RSS
 
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