WBC westpac banking corporation

Westpac's $1,000,000,000 AUSTRAC Settlement?, page-818

  1. 7,811 Posts.
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    Hi
    Fascinated to see your evidence that WBC is at risk of another ''40 billion' in lost opportunities costs.
    Even if the 40bill were credible , a link to something suggesting an imminent regulatory crack down would be good.

    Australian banks , rightly or wrongly , seem teflon coated.
    Without specific obvious , CURRENT , evidence of wrongdoing , baying at the moon a tad pointless.

    Note , WBC has had a long period of underperformance , the Austrac problems were only a small part of that.
    Maybe , morally, should have been a larger effect ,
    Sorry , but most people didn't before , don't care much now , so effect on the future earnings is minimal.
    cheers

 
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