Westpac faces a fresh investigation into its alleged money laundering and child exploitation scandal as the lender scrambles to salvage its reputation and stem a share price plunge that has now stretched into a fourth session.
Westpac has lost as much as $8.06 billion from is market capitalisation since financial crime watchdog AUSTRAC announced last week it was taking the bank to court
https://www.news.com.au/finance/business/breaking-news/westpac-to-cut-executives-bonuses/news-story/5c23648769c79d27c14d245321d821de?fbclid=IwAR0-0da1iq_R0GM9QrISG0367nWdzTDxaxjaNfQKan3jZ1jqQNw-IHxVRZY