Thu, Nov 21, 2019 - Page 10 News List

Australia’s Westpac faces huge fine

CHILD EXPLOITATION?Westpac Banking Corp has contravened Australia’s banking laws 23 million times, which could theoretically translate into a fine of A$483 trillion


In the latest such development, NAB yesterday agreed to a A$49.5 million settlement of a class-action suit for tens of thousands of customers who were sold junk credit card and personal loan insurance, the law firm that led the suit said.

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