Westpac Faces Tough 2025 as Australian Rates Slip; Shares Swing
- Bloomberg Intelligence highlights concern on rates, expenses
- Bank raised its share buyback by an additional A$1 billion
Westpac Banking Corp. shares are up about 40% this year, the best performer among Australia’s four largest banks.
Photographer: Brendon Thorne/BloombergThis article is for subscribers only.
Westpac Banking Corp. shares fluctuated after an increase to its stock buyback offset concern over expenses and the potential hit from lower Australian interest rates next year.
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