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(Bloomberg) -- A $26 billion rout in Australia bank stocks this week after two of the biggest lenders reported increasing margin pressure is fueling concern about the sectorâs profitability.
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>>> Read more: Australia Bank Stocks Lose $26 Billion on Profit Margin Concerns
Most Read from Bloomberg
Trump to Halt NY Congestion Pricing by Terminating Approval Sorry, Kids: Disneyâs New York Headquarters Is for Grown-Ups Airbnb Billionaire Offers Pre-Fab Homes for LA Fire Victims Child Migrant Watchdog Gutted in DOGE Cuts Chicago Council Delays $830 Million Bond Vote Am...
>>> Read more: Australia Bank Stocks Lose $26 Billion on Profit Margin Concerns