Tue. Oct 26th, 2021

© Reuters. FILE PHOTO: FILE PHOTO: A pedestrian looks at his phone as he passes a logo of Westpac Banking Corp of Australia, located outside a branch in central Sydney, Australia, on November 5, 2018. REUTERS / David Gray / File Photo / File Photo

(Reuters): Australia’s second largest lender Westpac Bank (NYSE 🙂 Corp. said Monday it is selling its life insurance business in Australia to Japanese Dai-ichi Life Holdings for $ 900 million ($ 660 million).

(1 $ = 1.3637 Australian dollars)

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