The latest offering will have various maturities up to 40 years, the term sheet showed, adding it is expected to include a tranche of sustainability notes due in 2041.
The bank last year set an ambition for a return on tangible equity (RoTE) ambition of approximately 10% for 2020, with an aim to reach an RoTE above 12% in the medium term.
"So far the pullback of the past two days appears to be only a mild correction to an uptrend which remains intact," Westpac Banking Corp analysts said in a note.
We've hired Christian Meissner to lead this new unit that will step up the offer we have for large ultra-high net worth clients in the investment banking space.
There will be more hires," Mathers said, adding these might be expected to fall in the magnitude of several tens.
The Swiss bank is discontinuing nine of its exchange-traded notes (ETNs), including three linked to the Cboe Volatility Index. It is also delisting six gold, silver and natural gas ETNs.
The bank said it was delisting the ETNs "with a view to better a