25 Mar 2021

Who would buy Westpac?

From Midday Report, 12:13 pm on 25 March 2021

Speculation is rife around who might buy Westpac's New Zealand banking operations. Yesterday Westpac told the stock exchange it was looking at the future of its New Zealand business, including a possible sale. Banking expert professor Claire Matthews tells Emma Hatton that finding a buyer could be tough and she doesn't see any appetite for banks that are already in New Zealand to expand.