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Westpac, one of Australia's largest banks, hit with record $920 million penalty over money laundering scandal
Westpac, one of Australia's largest banks, hit with record $920 million penalty over money laundering scandal
Westpac, one of Australia's largest banks, hit with record $920 million penalty over money laundering scandal
Westpac, one of Australia's largest banks, hit with record $920 million penalty over money laundering scandal
- September 23, 2020
By Laura He, CNN Business Westpac, one of Australia's largest banks, has agreed to pay a record-breaking penalty of nearly $1 billion for systematically allowing money laundering on its watch.
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