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CBA Profit Climbs as Banks Grapple With Slide in Mortgage Volume

· bloomberg.com · popularity 40/100 · 0 similar stories today · Banking, Payments & Fintech (Money, Markets & Investing)

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Summary

Commonwealth Bank of Australia’s first-quarter profit climbed as growth in loans to businesses by the country’s largest lender offset struggles in mortgages during the housing slump.

Found in: Bloomberg Markets. Rating basis: single outlet; outlet tier 5; 1 feeds; feed position 1.