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Westpac PB’s offshore mortgage curb will impact 30 employees in HK, SG

Around 30 of Westpac Private Bank’s employees in Hong Kong and Singapore are likely to be affected by the lender’s decision to halt real estate lending for foreign clients in April this year. According to sources, the bank is actively exploring redeployment opportunities for the staff, where possible. Westpac is not the only Australian bank to shutdown offshore mortgage lending to foreigners….

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