Wednesday, December 18, 2019

NAB top brass face angry shareholders as "fees for service" scandal goes to court

National Australia Bank chief executive Ross McEwan says he wants a "constructive" relationship with regulators as ASIC takes the bank to court over the fees for no service scandal. 

Shareholder and former Labor senator Chris Schacht has once again labelled the NAB board "failed capitalists" for the reputational and financial damage as a result of last year's banking Royal Commission. 

Here's my report from The World Today

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