The best-case scenario for Westpac Banking Corporation shareholders would be the sale of the New Zealand unit to a rival, Morningstar analyst Nathan Zaia says.
But he concedes it is unlikely New Zealand regulators would allow that to happen, with the top four banks making up about 85% of the
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
