WBC 1.67% $31.80 westpac banking corporation

Ann: Westpac acknowledges civil proceedings by AUSTRAC, page-30

  1. 5,291 Posts.
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    Well I bought another 1,000 shares. Fear creates opportunity. It’s already fallen substantially. May or may not be the bottom. Happy to wait it out. No regulator will cripple our second largest bank. Same crap with CBA, the doomsday parade came out, in the end it was $700m.

    The banks and our 2 major miners pay the most tax and employ the largest number of people in Australia. Not to mention the largest super holdings for every pleb to millionaire who has a super balance. They will not cripple WBC with fines. Be idiotic if they did and take the economy with it.
 
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