Westpac and ANZ have reported suspected illegitimate borrowing, joining NAB and Commonwealth Bank on concerns the washing of illicit funds is systemic.
A senior NSW Supreme Court judge wanted Westpac CEO Anthony Miller to attend court to explain why it wouldn’t update a customer’s credit file.
The customer made a small, understandable error, but the bank’s response was a tour de force of calamitous box-ticking and bureaucratic decision-making.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results