Friday, November 22, 2019

Westpac board in crisis meeting as laundering scandal fallout mounts

Westpac's board is holding a crisis meeting as investor demand answers for the bank's 23 million breaches of anti-money laundering and counter terror financing laws. 

Westpac's share price has fallen for the third consecutive day as reputational and financial damage mounts. 

ABC's Peter Ryan says the future of chief executive Brian Hartzer is uncertain.

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