Original article by Richard Gluyas
The Australian – Page: 19 : 1-May-19

Westpac has advised that its 2018-19 interim cash profit will be marred by writedowns totalling $753m. The bank has increased its half-year provisions for customer remediation by $357m, to $617m in total. Westpac’s financial accounts will also include provisions totalling $136m in relation to the restructuring of its wealth division. Westpac will report its half-year results on 6 May. The ANZ Bank and National Australia Bank will also release their interim results in coming days.

CORPORATES
WESTPAC BANKING CORPORATION – ASX WBC, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, BT FINANCIAL GROUP PTY LTD, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, AMP LIMITED – ASX AMP, MACQUARIE GROUP LIMITED – ASX MQG, VIRIDIAN ADVISORY PTY LTD