Tag: WBC
Westpac sued for 23 million breaches of anti-money laundering laws
Australia’s financial intelligence agency has launched legal action against Westpac Banking Corporation (ASX: WBC) for failing to report over $11 billion in international funds...
Westpac cuts dividend following ‘disappointing’ full-year result, launches $2.5 billion capital raising
Shareholders in Westpac Banking Corporation (ASX: WBC) will cop a lowered annual dividend after the bank reported a 16% slide in profits to $6.78...
Australia’s big banks no longer a dividend yield certainty
For decades the not so secret investment rule was that you got a better yield by investing in banks than by depositing funds with...
Australian banks set to confess sins and cut dividends?
They say confession is good for the soul and there is going to be plenty of it over the next couple of weeks as...
Bank shares offer potential despite ongoing dramas and bank bashing
It is hard to remember a worse time to be a banker in Australia.
Indeed, you could excuse bankers for pretending to be used car...
Westpac left to justify out-of-cycle interest rate hike as other banks may follow suit
A decision this week by Westpac Banking Corporation (ASX: WBC) to raise its variable home loan interest rate by 14 basis points in an...
