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Investment

Aussie banks overpriced, undercapitalised: Perpetual

Australian financials are overpriced and undercapitalised relative to their global counterparts, Perpetual Investments global equities portfolio manager Garry Laurence said.

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Read more: InvestmentGarry LaurenceCBAInvestmentsLloydsNational Australia BankASX 300BBVACommonwealth BankLloyds Bank core tier 1 ratioNABSpainSydneyUKUnited StatesWells Fargo