Western Union (WU) Faces AUSTRAC Probe As Fair Value Debate Returns

Western Union (WU) is back in focus after AUSTRAC, Australia’s financial intelligence agency, opened an enforcement investigation into the company’s handling of high risk payment channels, customers and affiliates. Western Union’s share price has been under pressure, with a 1 day share price return of 1.40% and a 7 day share price return of 3.81%. The 30 day share price return of 11.01% contrasts with a year to date share price return down 23.51% and a 1 year total shareholder return down...