RPT-Westpac targets cost-income ratio below 40%-CFO
(Repeats to remove blank Westpac headline)
SYDNEY, May 13 (Reuters) - Westpac Banking Corp Ltd (WBC.AX: Quote, Profile, Research, Stock Buzz) would target a cost-to-income ratio below 40 percent after its A$18.6 billion ($17.6 billion) takeover of St George Bank Ltd (SGB.AX: Quote, Profile, Research, Stock Buzz), said Phil Coffey, the bank's chief financial officer.
For more details see: [nSYD40653] ($1=A$1.06) (Reporting by Victoria Thieberger)
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