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Articles on banking scandal

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The federal government has announced a royal commission into banks and other financial services entities. AAP

Banking royal commission will expose the real cost of bad behaviour

Even though the Prime Minister and heads of the big four banks argue costly political uncertainty is the reason for the royal commission, experts argue the banks’ behaviour itself is the real cost.
Commonwealth Bank Chairwoman Catherine Livingstone, and CEO Ian Narev. AAP

For bankers, acountability does not start at home

New banking legislation hopes to hold executives accountable, but there weren’t good signs at the latest parliamentary committee meeting.

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