Less than a year on from moving hundreds of jobs to the Philippines and India ... shocked the decision came just three months after Westpac said the bank was 'in very good shape'.

The final eight pages of AUSTRAC’s 47 page statement of claim are dedicated to 12 Westpac customers, who transferred a total of $497,612 in small amounts to the Philippines, and other south-east ...

It was last Wednesday that AUSTRAC released its statement of claim including allegations that Westpac facilitated transactions enabling child exploitation in the Philippines. More than 23 million ...

Probably the single most damaging revelation in AUSTRAC's case against Westpac is that its LitePay service allowed paedophiles to send money to the Philippines to pay for child exploitation ...

Source: AAP Westpac has announced it will be offshoring 190 Australian jobs to the Philippines, with South Australian and New South Wales workers mostly impacted. The move has sparked concerns over ...

One of Australia's biggest banks has cut another 132 jobs with some of these roles being sent offshore to companies in India and the Philippines ... on Thursday that Westpac is cutting 62 ...

Westpac is cutting 132 jobs from risk management, operations and sales – including 70 roles that will be off-shored to India and the Philippines – as it shrinks its cost base to reflect ...

The regulatory watchdog said at the time that Westpac neglected to do its due diligence on transactions to the Philippines and other parts of Southeast Asia “that have known financial indicators ...

asking them to try to stop the bank sending jobs from their states to the Philippines. When jobs were moved abroad last year, ...