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Find all the economic and financial information on our Orishas Direct application to download on Play StoreAustralian bank Westpac will pay a fine of 1.3 billion Australian dollars (923 million US dollars) for more than 23 million breaches of anti-money laundering laws, the bank and regulators announced on Thursday.
"I sincerely apologize for the bank's mistakes," Westpac CEO Peter King said in announcing the fine, one of the largest in Australian corporate history.
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