The Conversation

How Westpac is alleged to have broken anti-money laundering laws 23 million times

Author: 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.Shutterstock

Australia’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...

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