WBC westpac banking corporation

Ann: Westpac and AUSTRAC reach agreement on AML/CTF proceedings, page-17

  1. 582 Posts.
    lightbulb Created with Sketch. 988
    They did a cap raise for the fine last year already though. Though I guess the COVID cap raise they avoided, will now have to happen as 1.3B will go from their coffers.

    Time to average down i guess.

    I doubt there'll be any lasting reputational damage. This wasn't them ripping of customers or making bad advice like AMP or anything of that sort, this will be easily brushed away. Short term impact.
    Last edited by Bwatson: 24/09/20
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$34.18
Change
-0.390(1.13%)
Mkt cap ! $117.2B
Open High Low Value Volume
$34.70 $34.85 $34.17 $59.11M 1.716M

Buyers (Bids)

No. Vol. Price($)
3 2458 $34.18
 

Sellers (Offers)

Price($) Vol. No.
$34.19 1083 11
View Market Depth
Last trade - 14.30pm 27/06/2025 (20 minute delay) ?
WBC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.