The company announced on Thursday that it had agreed with Australian regulator AU Str AC to a fine of 1.3 billion Australian dollars ($ 920 million). Broke the law. “I sincerely apologize for the bank’s failure,” CEO Peter King said in a statement. “We’re committed to fixing these issues to …
Read More »Westpac, Australia one of Australia’s largest banks, hit a record 920 million in fines
