Westpac Profit Plunges on Bad-Debts, Laundering Fine - Business News, Finance News, Share Market News - Market trendz

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Monday 2 November 2020

Westpac Profit Plunges on Bad-Debts, Laundering Fine



Nov.01 -- Westpac Banking Corp.’s profit plunged after the lender was hit with a record fine for breaching anti-money laundering laws, and the coronavirus-induced recession swelled bad-debt charges. Matthew Burgess reports on "Bloomberg Daybreak: Australia."
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