The Conversation

Banks chastened by Senate, but UK experience serves real lesson

Author: The Conversation

The Commonwealth Bank's chief executive Ian Narev apologised to clients given poor financial planning advice. AAP/Stefan Postles

The full extent of the arrogance of the Four (and a half) Pillars was on full display at the Senate Hearing into the financial product misselling scandal this week in Canberra.

The only long-standing CEO who was in the...

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