WBC westpac banking corporation

Westpac's $1,000,000,000 AUSTRAC Settlement?, page-497

  1. 2,943 Posts.
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    "....latest being $1.8m by ASIC for insider trading announced about 7 days ago. Now just 5 years since the release of the latest Banking RC and its findings"
    Just to counter the hyperbole this pair of posters are well known for, WBC were fined recently for a rate swap deal they did in 2016 which has been going through the court process ever since (well before the RC findingsrolleyes.png).
    It should also be noted that the Insider Trading charge was dropped and WBC admitted to engaging in unconscionable conduct and the fine was agreed between ASIC and WBC.
    Facts never seem to worry some posters, a bit like the rabid insistence on keeping this thread alive even though the AML case was settled back in 2020.
    Presume they enjoy all the contrived angst......... guess we all have our own ways of having funwink.png
 
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