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IT glitch costing major bank millions

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Australian Broker | 30 Jul 2015, 07:29 AM Agree 0
A major bank has forgone millions of dollars in interest income thanks to an IT glitch
  • Macarthur Broker | 30 Jul 2015, 09:08 AM Agree 0
    Funny Ha Ha!
  • Broker | 30 Jul 2015, 10:14 AM Agree 0
    No problem Westpac - just do A NAB!
  • Coast Broker | 30 Jul 2015, 10:15 AM Agree 0
    What a shame
  • Harold Spencer | 30 Jul 2015, 10:46 AM Agree 0
    How embarrassment! Not a surprise poorly managed. Mr Dive's comment that $350 million a year is not a lot in context and the "I would think that few institutional shareholders would be overly concerned about this systems issue that I am sure will be fixed as quickly as possible" shows he is a fund manager that will never handle my funds. If the system could be fixed quickly it would have already been done. Westpac has major IT issue's and this is not even a scratch on the surface of the real problems.
  • Chris C | 30 Jul 2015, 12:56 PM Agree 0
    Oh no .... that's a big loss to wear ..... that's so bad. C'mon Aussies, we'd better pass the hat around.
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