(Reuters) - Westpac Banking Corp <WBC.AX> said on Monday it would raise A$2.5 billion ($1.73 billion) to cope with stricter capital requirements as regulators look to protect the banking sector from future market volatility.
The capital raising comprises an institutional placement and a share purchase plan, the company said in a statement.
(Reporting by Rushil Dutta in Bengaluru; Editing by Alison Williams)
