Westpac Probed by Regulator on Insider Trading Allegations
- ASIC alleges bank engaged in insider trading in October 2016
- Westpac says it is considering its position, notes the claim
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Australia’s securities regulator is probing Westpac Banking Corp. on allegations of insider trading, just months after the country’s second-biggest lender paid a record fine to settle breaches of anti-money laundering laws.