Tag: Ban

The $10 billion cost of banks behaving badly

Bearer of bad news: NAB's interim chief executive Phil Chronican.

The LNP focus on Unions as the greatest thieves in the country. They busted Craig Thompson for $13 mill to prove it. How can you be so conned Australia? (ODT)

The cost of misconduct for the major banks and AMP just keeps ticking up. It’s not over yet but at this stage of peak remediation provisioning, the number appears to be approaching the magic $10 billion mark on a pre-tax basis.

via The $10 billion cost of banks behaving badly