CEO of Australia’s Westpac exits over money laundering scandal

FILE PHOTO: Australia's Westpac Banking Corp's Chief Executive Officer (CEO) Brian Hartzer speaks during a media conference in Sydney, Australia, November 6, 2017. REUTERS/David Gray

SYDNEY (Reuters) – The chief executive of Australia’s Westpac Banking Corp stepped down on Tuesday over a money laundering scandal involving child exploitation, just a day after he told staff it was “not a major issue” and that he intended to stay on. The swift turnaround by U.S. born Brian Hartzer underscored how politically and […]

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