Westpac: Offshore Banking in the Cook Islands Case Solution

This Case is about ETHICS

PUBLICATION DATE: December 06, 2010 PRODUCT #: E400-HCB-ENG

Two vignettes are presented by this case from the standpoint of Laura White, a recently-promoted supervisor for a big Australian bank of the Cook Islands operations. The bank has only brought on a fresh CEO who understanding your customer and has stressed the importance of transparency.

Westpac Offshore Banking in the Cook Islands Case Solution

Given the circumstance of the CEO’s philosophy and the new job as supervisor of White, she must choose whether to raise her concerns to her supervisor about the OBU. Vignette B provides additional history on the previous encounter of White with an ethical scandal in the bank. After having been told by her supervisor that bringing a lot more focus to the Cook Islands’ OBU banking operations will merely cause more difficulties, she must determine again how and if to elevate the matter.

Westpac: Offshore Banking in the Cook Islands Case Solution
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