Australian Major Banks Have $15b to $28b Excess Capital says Morgan Stanley

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Australian Banks all rose on CBA Profit & Buyback news:

ANZ lifted 1.2 per cent to $29.23,
National Australia Bank rose 0.93 per cent to $27.22
Westpac improved 0.74 per cent to $25.77.
Commonwealth 1.5% firmer at $108.17.