'They can see I've a gambling problem': Banks' lending practices laid bare at royal commission - News Summed Up

'They can see I've a gambling problem': Banks' lending practices laid bare at royal commission


The British-born roofer broke down this week when he appeared as a witness at the banking royal commission. ANZ fails to give royal commission email showing years of inaction on alleged misconduct Read moreHe then began to cry as he re-lived the experience. It was a poignant moment for the royal commission. It came near the end of a fortnight of hearings in which Australia’s major banks admitted to appalling behaviour in recent years. “The misconduct and conduct ... has occurred in respect of the consumer credit products that we identified in our opening address: home loans, car loans, credit cards and overdraft facilities.


Source: The Guardian March 23, 2018 21:11 UTC



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