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Australia's Westpac capital position weaker at quarter-end

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Australia's Westpac capital position weaker at quarter-end

Westpac Banking Corp on Monday said its capital position at the end of the fiscal third quarter was weaker, hurt by payment of an interim dividend and higher risk weighted assets (RWA) following interest rate hikes over the quarter.

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Australia's Westpac capital position weaker at quarter-end

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Australia's Westpac capital position weaker at quarter-end

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