How Westpac is alleged to have broken anti-money laundering laws 23 million times
- Written by Ian Fargher, Lecturer in Accounting, University of Wollongong
Westpac is "deeply sorry" and has pledged to spend $18 million over three years tackling the online sexual exploitation of children in the Philippines.ShutterstockAustralia’s second-biggest bank, Westpac, is poised to overtake the biggest, the Commonwealth Bank. Not in terms of assets, earnings or market capitalisation, but in having to pay...
Read more: How Westpac is alleged to have broken anti-money laundering laws 23 million times