Australia's Westpac Banking Corp offered to refund people who bought new sh...
) offered to refund people who bought new shares weeks before a lawsuit accusing it of millions of breaches of money laundering laws, a move some investors said was to fend off criticism about its transparency.
The scandal has already seen out the bank’s CEO, chairman and head of its compliance committee, and large investors and their proxies have called for more heads to roll at Westpac’s annual general meeting on Dec. 12. “It seems to me like they might be trying to get ahead of a class action,” said Rod Bristow, CEO of Clime Asset Management, which holds Westpac shares and participated in the capital raising.
“I would only be concerned if they had additional information that they were aware of that they should have disclosed to us that they hadn’t, or if they had tried to dress it down or paint it in a light that misrepresents the situation,” he added.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Australia's Westpac to refund people who bought new shares before money laundering bombshellAustralia's Westpac Banking Corp offered to refund investors who bought new...
続きを読む »
Australia's Westpac allows withdrawal of share purchase applicationsAustralian lender Westpac Banking Corp said on Thursday it would let investors w...
続きを読む »
CEO of Australia's Westpac exits over money laundering scandalWestpac CEO Brian Hartzer stepped down from the helm of Australia’s second-largest retailer a week after regulator AUSTRAC launched legal action for allowing millions of payments in breach of anti-money laundering laws
続きを読む »
Westpac forecasts two Australian rate cuts and quantitative easing in 2020Westpac Banking Corp said on Wednesday it now expected the Reserve Bank of Austr...
続きを読む »
New lawsuit in Ohio State sex abuse scandal brings number of victims to nearly 350“Dr. Richard Strauss is dead. He can’t pay for his crimes,” the lawsuit states. “Only his enabler is left.”
続きを読む »
Australia central bank seen cutting rates twice, introducing QE in 2020: WestpacAustralia's central bank is likely to cut interest rates twice next year, t...
続きを読む »