July 2 (Reuters) - Australian Securities and Investments Commission:
- WESTPAC COMMITTED TO REMEDIATING CUSTOMERS WHOSE FINANCIAL ADVISERS MAY HAVE FAILED TO NOTIFY THEM OF CORPORATE ACTIONS B/W 2005-2019
- WESTPAC’S REMEDIATION COVERS ESTIMATED 328,000 POTENTIAL MISSED CORPORATE ACTION NOTIFICATIONS IMPACTING 32,000 CUSTOMER ACCOUNTS
- WESTPAC SEES $87M WILL BE PAID IN COMPENSATION TO AFFECTED CUSTOMERS WHO ARE FORMER CLIENTS OF WESTPAC’S ADVICE BUSINESSES & HELD SECURITIES
Source ( https://bit.ly/3dzNT9H)
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News: WBC ASIC Says Westpac To Remediate Customers For Failure To Pass On Corporate Action...
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