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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

Austrac scandal claims scalp of Westpac CEO

Change at the top follows ‘unreserved apology’ for Philippine transaction failures.

NBR staff
Tue, 26 Nov 2019

Westpac group chief executive Brian Hartzer has fallen on his sword after devastating claims of the bank’s alleged anti-money laundering failures were filed by Australian regulators.In a statement to the ASX and NZX, Westpac said Hartzer would step down, effective from December 2, and would be

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NBR staff
Tue, 26 Nov 2019
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Austrac scandal claims scalp of Westpac CEO
General Business,
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