Westpac could be split up into its component parts, it might have to divest St George Bank, Bank of Melbourne, Bank SA and other parts for all thieve scandals, first it was banking paedophiles now this PWC tax scandal.
How can it get any worse? there must be a moral hazard letting it get this way.
Quite horrific for Australian people that Australian banking is so poorly regulated and so poorly managed,
Westpac's $1,000,000,000 AUSTRAC Settlement?, page-180
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