Australia's CBA looks to turn page after record fine

摘要

COMMONWEALTH BANK OF AUSTRALIA last week agreed to the biggest fine in the history of the country's banking sector as it finally drew a line under money-laundering charges that have taken a toll on its reputation and share price. Australia's largest bank will pay a fine of A$700m (US$535.7m) plus the A$2.5m legal costs of financial crime agency Austrac. It also acknowledged further anti-money laundering breaches beyond those it already admitted to.