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WELLINGTON (AP) – The bank that mistakenly handed a New Zealand couple a $6.1 million credit limit said Friday it had recovered less than a third of the money from the pair, who have disappeared.
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abtest

Westpac CEO resigns amid money-laundering scandal

By Holly Robertson | November 26, 2019 - 2:46pm

Australian banking giant Westpac said Tuesday its beleaguered CEO Brian Hartzer was stepping down after regulators accused...

World

Probe into Australian bank finds potential payments for child exploitation in Philippines

November 25, 2019 - 7:44pm

Australian banking giant Westpac, currently at the center of an international money laundering case, was found to be directing...

Headlines

Accidental millionaires in New Zealand escape with $2.3M

May 22, 2009 - 3:41pm

WELLINGTON (AP) – The bank that mistakenly handed a New Zealand couple a $6.1 million credit limit said Friday it had recovered less than a third of the money from the pair, who have disappeared.