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Australian bank to cut 12% of workforce in favour of AI and digital systems
Move gives NAB and Westpac 48 hours to decide whether to fight allegations in court
Shares rise as banks assure they can meet 2020 deadline without raising fresh funds
S&P Global Ratings has cut its ratings outlook for 23 Australian banks to negative
Tax will threaten financial stability and boost foreign rivals, lenders warn
Lenders face potential earnings blow from A$6.2bn government balance sheet tax
Lenders face new levy as Canberra looks to balance budget and keep triple-A rating
Westpac, NAB, RBS and Barclays took 70-80% losses on loans to law firm
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