WBC 0.50% $26.16 westpac banking corporation

2020: $14...Inverse Of $41..., page-3

  1. 13,372 Posts.
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    I doubt $1.4bil would be "on par" with the $700mil paid by CBA - given that WBC committed a thousand times more breaches and knew they were happening for years and refused to fix the problem.

    Having said that, I agree with the trading range you set out - might even be a dollar or two too low at the bottom end.

    To be honest, I do believe most of the pain has been experienced and the market won't act to adversely (or for too long) if the fine is $3bil - and I think that is the sort of figure to be expected.
 
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