How WestpacPeter Cornwell can Save You Time, Stress, and Money.
How WestpacPeter Cornwell can Save You Time, Stress, and Money.
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In 2009, a Westpac-owned entity secured US£1.09 billion check here with the US Federal Reserve. Commentary indicates this was an unconventional transfer for the bank, provided its fairly minor position in North America. The borrowings by Westpac transpired at the peak of the global economic crisis and were being Section of the Federal Reserve's transfer to stabilize monetary markets globally.
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