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Government releases interim report into banking misconduct | Sky News AustraliaTreasurer Josh Frydenberg has released Commissioner Kenneth Hayne's ‘scathing’ interim report into misconduct by the banking and financial sector. \n\nThe royal commission has already heard extensive allegations of irresponsible lending and governance failures within the sector. \n\nThe report found many institutions put ‘profits before people’ and disregarded the role of regulators. \n\nThe banks are yet to respond to the findings.\n\nImage: David Geraghty\u002FNews Corp Australia\n\n\n\n FSU_Australia banks have structured regulations to protect their profits . FSU_Australia Unions usually have plenty to say, but we did not hear a squeak for 15 years as their members reaped the goodies from sh*t practices FSU_Australia perhaps?
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Royal Commissioner hands down interim banking report | Sky News AustraliaCommissioner Kenneth Hayne has delivered his interim report into misconduct by the banking and financial sector to the Governor General.\n\nThe Royal Commission has already heard extensive allegations of irresponsible lending, as well as governance failures within the sector.\n\nThe government is expected to announce the findings on Friday.
Source: SkyNewsAust - 🏆 7. / 78 Read more »