Australia's Westpac Banking Corp has reached an A$130 million ($81.84 million) settlement on a class action lawsuit against the lender over commissions paid to auto dealers over five years, the bank said on Friday.
Australia's Westpac Banking posted a 13% rise in its first-quarter net profit on Monday, helped by growth in customer deposits and housing and business loan volumes.
Richard Franulovich of Westpac Institutional Bank believes the euro still has some room to breathe before it hits parity with the U.S. dollar, amid multiple fiscal uncertainties in Germany and France.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
John H. Bai Credential Securities Inc. | 17,739 | $451,035.14 | $384,404 | -$66,631.14 | -14.77% |