The easing of responsible lending laws saw the banks back in favour with investors helping the ASX 200 to a 1.5% gain

The easing of responsible lending laws saw the banks back in favour with investors helping the ASX 200 to a 1.5% gain. Westpac was also helped by the settlement of its anti-money laundering case with Austrac - despite the $1.3 billion bill being the biggest fine in Australian corporate history. It led the way with a 7.4% surge, followed by NAB (up 6.86%), ANZ (up 6.3%) and CBA (up 3%). Miners were also up. S&P futures are up as well indicating another positive night ahead on Wall St. Have a great weekend!Our top three VODs are:Westpac's $1.3b fine will hurt its dividend; CBA is still pick of the bunchPrefabricating data is no walk in the cloudPioneer back on the boards after agreeing to $190m debt package Hosted on Acast. See acast.com/privacy for more information.