|Bid||21.743 x 26600|
|Ask||22.830 x 26700|
|Day's range||21.737 - 22.837|
|52-week range||19.487 - 25.778|
|PE ratio (TTM)||13.05|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||N/A|
Westpac said it would pay the customers about A$65 million ($51 million) in total, resulting in an after-tax charge of A$45 million ($35.3 million). The customers were supposed to receive cash payments for holding multiple "packaged" accounts since 2010 but did not get the money, Australia's No. 2 lender said. "Some customers did not receive discounts on ancillary products such as home and contents insurance and term deposits," Westpac said in a statement issued to the Australian Securities Exchange.
The dollar fell on Wednesday after the release of minutes from the Federal Reserve's July meeting that showed the policymakers had grown increasingly worried about weak U.S. inflation readings, suggesting that the Fed may hold off on raising interest rates. Fed policymakers spoke at length at the meeting about a recent streak of soft inflation readings, according to the minutes. The dollar sank to session lows against the yen, euro, Swiss franc and a number of other currencies after the minutes were released.
Westpac's Aus$7.45 billion (US$5.72 billion) result in the year to September 30 rounded out annual reporting from three of the nation's big four lenders, with all battling regulatory changes and rising ...