Opinion

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

By Ian Fargher
Updated November 25 2019 - 11:54am, first published 11:36am

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 the heftiest fine in Australian corporate history.

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