Westpac Plans to Hire 350 Bankers to Expand Business Lending

Reported about 13 hours ago

Westpac Banking Corp of Australia intends to recruit 350 bankers over the next two years to increase its share in the business lending sector. Currently, the bank holds a 16.1% market share, placing it behind competitors National Australia Bank and Commonwealth Bank. Chief Executive Paul Fowler highlighted a strategic shift back towards business banking to regain market position after having previously lost focus.

Source: YAHOO

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