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Bankwest is an Australian bank based in Perth, Western Australia. It was founded as the Agricultural Bank of Western Australia in 1895 by the Government of Western Australia being renamed the Rural and Industries Bank in 1944, and Bankwest in 1994 before being privatised.
HBOS, therefore, agreed to sell BankWest to Commonwealth Bank (CBA) in October 2008. The sale completed on for A$2.1 billion on 19 December 2008, and required Commonwealth Bank to repay the capital HBOS had loaned Bankwest. [62] One of the provisions of the sale agreement was an ability for CBA to claim a price adjustment.
Bankwest: Australia: 2008: Banking: Following the purchase of Bankwest by the Commonwealth Bank (CBA), there have been calls for a royal commission specifically into the conduct of the bank following allegations made that the CBA engineered defaults of Bankwest customers in order to profit from clawback clauses under the purchase agreement ...
CHICAGO — In a move met with anger and shock by families and educators, the Acero Schools Board of Directors voted to close nearly half the schools in its charter network at the end of the ...
A post made on X claims retail corporation Target will close store locations in red states and open more stores in blue states. Verdict: False There is no evidence to show Target is closing stores ...
U.S. Treasury Secretary Scott Bessent, who took over on Monday as President Donald Trump's new acting consumer finance watchdog, has halted virtually all pending activities at the U.S. Consumer ...
The CBA was subsequently embroiled in other matters including money laundering for drug syndicates, turning a blind eye to terrorism financing, ignoring statutory reporting responsibilities for more than three years on more than 750,000 accounts, [3] and impropriety in foreign exchange trading.
5. Recognizing that closing gaps will always be a focus. The challenge: “I don’t think we will ever close the gaps,” Carvalho says.“The reason for that is that our school systems have wide ...