Westpac acknowledges legal proceedings on financial hardships negligence

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Sept 5 (Reuters) – Australia’s Westpac Banking Corp (WBC.AX) on Tuesday said it was aware of legal proceedings commenced by the country’s corporate regulator alleging the lender’s failure to assist its customers with financial hardship notices between 2015 and 2022.

Reporting by Roushni Nair in Bengaluru

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