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0401 GMT â Westpac 3Q FY 2023 trading update shows unexpectedly high cost growth, which prompts Morgans to downgrade its forecasts, the brokerâs analyst Nathan Lead says in a note. âThis was a negative surprise, with expectations, both ours and consensus, ofaround 1% growth for 2H,â Morgans says, noting it wasnât too long ago that Westpac was targeting material cost declines. 0306 GMT â CIMB Group Holdings could use its pre-emptive provisions of MYR2 billion to offs...
>>> Read more: Financial Services Roundup: Market Talk
>>> Read more: Financial Services Roundup: Market Talk
