Sunday, May 1, 2016

Australia's Westpac H1 cash profit up 3 pct, lags forecast

SYDNEY, May 2 (Reuters) - Australia's No.3 lender Westpac

Banking Corp on Monday reported a 3 percent rise in

first-half cash profit, lagging forecasts as higher debt

impairment charges hurt growth while a significant increase in

capital pinched on shareholder returns.

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