Westpac expects $900 million penalty for breaching money laundering laws

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Updated
April 14, 2020 11:18:30
Westpac has revealed it will suffer a massive$1.4 billion hit to its first-half earnings.
Key points:

  • CBA holds the record (at $700m) for the biggest money laundering fine paid in Australia
  • Westpac will bea… [+3971 chars]Source