Organisation: Bank of Western Australia Ltd

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Organisation: Bank of Western Australia Ltd

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Troubled HBOS to sell Australian banking business

Troubled bank Halifax Bank of Scotland has agreed to sell its Australian banking business for £1.2bn (€1.54bn) in a bid to boost its balance sheet.

Wed, 08 Oct, 2008

HBOS agrees to sell Australian banking business

Troubled bank Halifax Bank of Scotland has agreed to sell its Australian banking business for £1.2bn (€1.5bn) in a bid to boost its balance sheet.

Wed, 08 Oct, 2008