New crime, compliance monitor at Westpac

New crime, compliance monitor at Westpac

Westpac has created a role to oversee financial crime and compliance after the bank was caught up in a major money laundering scandal last year. Les Vance, the chief operating officer of its consumer division, has been appointed to the new position and will be...
New crime, compliance monitor at Westpac

Westpac to end support for coal by 2030

Westpac has pledged to end its financing of thermal coal projects by 2030, heartening activists and leaving ANZ as the only one of the big four banks not to set an exit date for its support of the fossil fuel. Australia’s second-biggest bank on Monday said in...