Contrite bank chief executives admit financial advice standards must improve
By Clancy Yeates & James Eyers @ Financial Review (April 21, 2015) Contrite bank chief executives have admitted standards in the financial advice industry need to be repaired urgently and public confidence restored, with some pledging conditional support for an industry-wide public compensation scheme for victims. Commonwealth Bank of Australia chief executive Ian Narev, Macquarie Group chief executive Nicholas Moore, National Australia Bank chief executive Andrew Thorburn, and ANZ deputy … Continue reading Contrite bank chief executives admit financial advice standards must improve
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