yep sell off the parts they havent got wrong, and keep the core business, which they continue to get wrong.
I went to put some funds on Term Deposit, and had to prove how and where I got my money from. The Term Deposit (yeah I know at these interest rates why bother) was only $100k, but they wanted to go through my whole life and everything I bought and sold etc. shares, property. Now that was no mean feat, and lucky I kept good records.I dont think they really know what is expected from them under the Money Laundering legislation. Yet they lend hundreds of millions to a fraudster. I would have been happier if they kept the life insurance, and sold their core business. (With a hint of sarcasm.)
When are they going to get their business right. It appears that we need to factor in a provision for regulatory and other core business mistakes into the annual result because it is not going to stop anytime soon. Its just not right, that when they make mistakes, they are so big and they cost so much.
- Forums
- ASX - By Stock
- WBC
- News: WBC UPDATE 1-Westpac to sell New Zealand life insurance arm for $281 mln to Fidelity
News: WBC UPDATE 1-Westpac to sell New Zealand life insurance arm for $281 mln to Fidelity, page-2
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WBC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$33.16 |
Change
0.130(0.39%) |
Mkt cap ! $114.3B |
Open | High | Low | Value | Volume |
$33.11 | $33.23 | $32.94 | $159.2M | 4.803M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 12004 | $33.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$33.20 | 23789 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 12004 | 33.080 |
1 | 400 | 33.070 |
1 | 3326 | 33.060 |
1 | 11304 | 33.050 |
2 | 40823 | 33.030 |
Price($) | Vol. | No. |
---|---|---|
33.200 | 23789 | 11 |
33.210 | 1250 | 2 |
33.220 | 3800 | 3 |
33.230 | 6341 | 11 |
33.240 | 27582 | 4 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
Featured News
WBC (ASX) Chart |