Australia’s Westpac gives withdrawal option for share purchase applicants

Canada

FILE PHOTO: A pedestrian looks at his phone as he walks past a logo for Australia’s Westpac Banking Corp located outside a branch in central Sydney, Australia, November 5, 2018. REUTERS/David Gray/File Photo

(Reuters) – Australian lender Westpac Banking Corp (WBC.AX) said on Thursday it would let investors withdraw their share purchase applications filed prior to the money laundering allegations made by financial crime watchdog AUSTRAC on Nov. 20.

The decision was taken after discussions with Australian Securities and Investments Commission, Wesptac said, adding that eligible applicants could withdraw their applications by Dec. 6.

Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Anil D’Silva

Products You May Like

Articles You May Like

Prepare to study in Canada
Study permit: Who can apply
Canada Immigration Drives Fastest First Quarter Population Growth For 30 Years
Roe vs Wade: How Disenfranchised Americans Can Immigrate to Canada
How Do I Get In The Canada Express Entry Pool?
Temporary Workers, International Students More And More Important To Canada
Spike in Canadian Immigration Due to New US Abortion Restrictions

Leave a Reply

Your email address will not be published.