"A fall in Westpac Banking Corp (WBC) also weighed after it agreed to pay a A$1.3-billion ($915.07 million) fine. But the stock trimmed losses later as some investors saw the fine marking an end to 10 long months of uncertainty."
Rubbish!
Westpac's Paedophile Money Laundering Financial Problems Just Starting!
WBC Now Faces 26 Investor's Class Actions...
26 Investors Class Actions Lodged So Far! Westpac CEOs Brian Hartzer, Peter King (ex-CFO) Defendants.The Westpac securities class action lawsuit alleges that:
(1) contrary to Australian law, Westpac failed to report over 19.5 million International Funds Transfer Instructions (“IFTIs”) to Australia’s financial crimes regulator, AUSTRAC;
(2) Westpac failed to appropriately monitor and assess the money laundering and terrorism financing risks associated with movement of money into and out of Australia;
(3) Westpac failed to conduct appropriate due diligence on transactions in South East Asia and the Philippines that had known financial indicators relating to child exploitation risks; and
(4) Westpac’s Anti-Money Laundering and Counter-Terrorism Financing policy was inadequate to identify, mitigate, and manage money laundering and terrorism financing risks.
Once Beyond Comprehension, Today Systemic Failures Endemic!
Westpac's Failures & Troubles Far From Over For Investors, Customers.
Under Maxsted-Hartzer-King Reign WBC Share Price Has Tanked From $38.66 to $16.37... Whopping = $22.29/share!
Meet Lawyer's Firing The Bullets...
"A fall in Westpac Banking Corp (WBC) also weighed after it...
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Last
$33.03 |
Change
-0.260(0.78%) |
Mkt cap ! $113.0B | |||
| Open | High | Low | Value | Volume |
| $33.24 | $33.35 | $32.82 | $105.9M | 3.205M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $32.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.04 | 4350 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| WBC (ASX) Chart |