Bendigo and Adelaide Bank tanks after anti-money laundering lapses surface

Bendigo and Adelaide Bank

25/11/2025 01:25

** Shares of Bendigo and Adelaide Bank BEN.AX fall as much as 7.9% to A$10.13, their lowest level since April 11

** The lender's anti-money laundering and counter-terrorism financing controls were found to have deficiencies impacting key areas of its risk management framework, extending beyond one branch

** About 3.3 million shares change hands, 2.6x the 30-day average

** YTD, stock down 22.6%, including the session's moves

 (Reporting by Sherin Sunny in Bengaluru)

 ((Sherin.Sunny@thomsonreuters.com))