BRIEF-Westpac Says Rams Financial Group Reached Agreement With ASIC To Resolve Investigation

Reuters

2025/06/04

June 4 (Reuters) - Westpac Banking Corp WBC.AX:

RAMS FINANCIAL GROUP REACHED AGREEMENT WITH ASIC TO RESOLVE ASIC'S INVESTIGATION
ASIC PROCEEDINGS AGAINST RAMS FINANCIAL GROUP
RAMS FINANCIAL GROUP WILL CONTINUE TO WORK COOPERATIVELY WITH ASIC TO RESOLVE PROCEEDINGS
EXPECTS EXISTING PROVISIONS SHOULD BE SUFFICIENT TO MEET FINANCIAL OUTCOME OF PROCEEDINGS, SUBJECT TO COURT APPROVAL

Further company coverage: WBC.AX

((Reuters.Briefs@thomsonreuters.com;))

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