Funding costs rising: Westpac

Senior exec says Fed-stoked volatility raising bank costs.

Westpac Banking Corp deputy group treasurer Joanne Dawson has said she expects bank funding costs to remain under pressure for an extended period as a result of the United States' federal reserve's hint that it plans to scale back its stimulus spending, according to The Australian Financial Review.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

Related Articles