Westpac Banking Corp will be required to hold an extra A$500 million in capital ...
FILE PHOTO: A woman walks past an illuminated logo for Australia's Westpac Bank in Sydney, Australia, September 6, 2017. REUTERS/Steven Saphore/File Photo
In a statement, the Australian Prudential Regulation Authority said the bank would now need the extra capital to “reflect the heightened operational risk profile of the bank”. Westpac, which is Australia’s second largest bank by market capitalisation, was accused by AUSTRAC, the financial crimes agency, last month of breaching anti-money laundering laws up to 23 million times between 2013 and 2019.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Australian regulator investigates Westpac directors, executives after scandalAustralia's banking regulator will use its increased investigative powers f...
Consulte Mais informação »
Sterling rises on post-election optimism; short positions lowest since MayThe pound rose as much as 0.7% on Monday, still boosted by last week's gene...
Consulte Mais informação »
Evgenia-Plotnikova-partner-dawn-capital-venture-capital-europe - Business InsiderA 32-year-old investor hotshot just became partner at $550 million Dawn Capital. Here's her view on investing in enterprise startups, Europe's hottest market right now.
Consulte Mais informação »
Council: Horse manure still OK on Texas city's beachesIn a win for Texas horseback riders, the Galveston City Council won't implement a requirement for people to pick up horse manure left behind on public beaches
Consulte Mais informação »
Kentucky’s New Governor Ends Medicaid Work RequirementKentucky’s new Democratic governor, Andy Beshear, halted the state’s push to add a work requirement for Medicaid recipients, a policy pursued by his Republican predecessor that became entangled in court fights.
Consulte Mais informação »