Westpac Banking Corp Settlement
Westpac Banking Corp has agreed to pay A$130 million to resolve a class action lawsuit over commissions paid to auto dealers. The settlement amount is A$130 million.
Details of the Settlement
- The settlement is related to a class action lawsuit over commissions paid to auto dealers
- The bank has agreed to pay A$130 million to resolve the lawsuit
Market Impact
The settlement may have some impact on the bank’s financials, but the exact effects are unclear.
Broader Market Trends
The broader market is experiencing volatility due to ongoing trade tensions and concerns about global economic growth.
Asian Stock Market Performance
Asian stock markets have been trading mixed, with some showing slight gains but still poised for weekly declines.
Market Performance Data
- Asian stock markets have been trading mixed
- Some markets have shown slight gains, but are still poised for weekly declines