Australia’s largest banks may face prosecution after probe

Business 02/04/19, 03:40

Three of Australia's largest banks could face prosecution following a yearlong investigation into misconduct recommended tougher oversight and better consumer safeguards.A government-commissioned inquiry found widespread misbehavior in the banking and financial services industry that often went unpunished.Commissioner Kenneth Hayne referred 24 incidents of misconduct to regulators for further investigation and ...

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