Tag: #BrianHartzer
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Westpac CEO resigns over money-laundering scandal
Sydney, Nov 26 (AFP/APP): Australian banking giant Westpac said Tuesday its beleaguered CEO Brian Hartzer was stepping down after regulators accused the bank of major breaches of money laundering laws involving more than US$7 billion. The bank is facing a potentially massive fine over claims that it failed to report millions of international fund transfers,…