Westpac's AGM will be another year of recriminations and apologies
The so-called new broom hasn't done enough to fix the mess at the bank. Its board is set to once again face the ire of shareholders when it fronts this week's annual meeting.
For the past two annual general meetings, Westpac’s shareholders have blasted the bank’s board and management as incompetent or worse.
This year’s AGM, slated for Friday, promises to be more of the same.
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Adele Ferguson is a Gold Walkley Award winning investigative journalist. She reports and comments on companies, markets and the economy. Connect with Adele on Twitter. Email Adele at adele.ferguson@theage.com.au
