Hayne unleashes on NAB boss and chairman

  • 📰 smh
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 80%

Australia Headlines News

Australia Latest News,Australia Headlines

Commissioner Kenneth Hayne spared no feelings in assessing the evidence of NAB's Andrew Thorburn and Ken Henry

Source: Education Headlines (educationheadlines.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

NAB run by greedy pigs, they all should be sacked BankingRC

Arrogance appears to be NABs modus operandi...

arrogance greed n cash is the principle of banking

JoshFrydenberg Bowenchris SenatorSurfer AlanKohler kirby_journo Greed is normal. The root cause for the failure of banks is the absence of a proper risk analysis on energy, in particular oil, which is the driver of the economy and allows banks to draw on the future via debt

Good

The arrogant swine Ken Henry should be spending some of the 'greed dollars' at a jail cafeteria

Rip the greedy mugs a new one

Feelings? Where are the fines and jail time? They defrauded and actively participated in criminal activity, they deserve a cell!

so arrogant

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What bank bombshell means for youThe banking royal commission’s final report has singled out one of the big four banks for failing to learn from its misconduct. Nothing Zilch Nada
Source: newscomauHQ - 🏆 9. / 77 Read more »

Hayne unleashes on NAB boss and chairmanThe royal commission has slammed NAB's Andrew Thorburn and its chairman, former Treasury secretary Ken Henry, for not learning the lessons of the past. I watched him at the Royal Commission and I found him aggressive offensive and in my opinion should be sacked. Who the hell does he think he is. The way he treated Rowena Orr was nothing short of absolutely disgusting Le Reve, what about him? These pricks at NAB wanted to charge me $10 for a bank statement that was printed up in 30 seconds, 20 years ago. Minor but an example of self regulation. They made the error of giving me the statement first.
Source: theage - 🏆 8. / 77 Read more »

Banking royal commission makes 76 recommendations | Sky News AustraliaThe banking royal commission has made 24 referrals to regulators and 76 recommendations for wide-ranging reform in the sector.\n\nBanking royal commissioner Kenneth Hayne QC says the time has come to address financial misconduct and prevent its recurrence, proposing a raft of measures designed to better protect consumers.\n\nMr Hayne has made 24 referrals, including all the major banks except for Westpac, to the Australian Securities and Investments Commission and Australian Prudential Regulation Authority for further investigation.\n\nMr Hayne was scathing of some bank bosses, particularly the National Australia Bank, for being unwilling to accept responsibility.\n\nMr Hayne said he was not confident NAB had learned the lessons from the past as he criticised its CEO Andrew Thorburn and chair Dr Ken Henry, a former Treasury secretary.\n\n\n\n\n jmwhistleblower frontpage Heads need to roll and the resounding bang of cell doors slamming shut on these criminals, their properties ceased immediately and their ability to work in any position of authority again before we feel anything at all remotely like closure.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Banking royal commission makes 76 recommendations for reform | Sky News AustraliaThe banking royal commission has made 24 referrals to regulators and 76 recommendations for wide-ranging reform in the sector.\n\nBanking royal commissioner Kenneth Hayne QC says the time has come to address financial misconduct and prevent its recurrence, proposing a raft of measures designed to better protect consumers.\n\nMr Hayne has made 24 referrals, including all the major banks except for Westpac, to the Australian Securities and Investments Commission and Australian Prudential Regulation Authority for further investigation.\n\nMr Hayne was scathing of some bank bosses, particularly the National Australia Bank, for being unwilling to accept responsibility.\n\nMr Hayne said he was not confident NAB had learned the lessons from the past as he criticised its CEO Andrew Thorburn and chair Dr Ken Henry, a former Treasury secretary.\n\n\n\n\n Bowenchris ScottMorrisonMP Chris Bowen has confirmed that he and Labor are committed to the death of mortgage broking in Australia, ensuring that banks get richer and consumers are worse off. This is what you can expect from a Shorten-led Labor government.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Commissioner Hayne turns Treasurer's moment in the spotlight ice-coldTreasurer Josh Frydenberg's attempt to make a picture opportunity out of the banking royal commission gets the full frozen treatment from commissioner Kenneth Hayne. Sometimes Public Officers demonstrate honest and uncompromised integrity to duplicitous politicians Or he was thinking this bloke deserves everything coming his way, a twatt. Government waste, AGAIN. File 13 it goes and all continues just the same.
Source: smh - 🏆 6. / 80 Read more »

Finance sector set for a huge shake-up as government responds to Hayne reportScott Morrison and Josh Frydenberg are poised to accept almost all the recommendations of the Hayne royal commission . Increase the penalties so they are on par with that of overseas fines imposed on financial institutions. Prison would be better. IF NOT ONE BANKSTER GOES TO JAIL THEN THIS ROYAL COMMISSION IS AN ABSOLUTE JOKE
Source: theage - 🏆 8. / 77 Read more »

Hayne verdict LIVE: Scandal-plagued banks face reckoningAfter 68 days of public hearings, 134 witnesses and more than 6,500 exhibits, the banking and finance royal commission report will be released at 4.20pm today. Follow our live coverage. scomo regrets he cannot be in Australia today to witness the fallout The ignorance that the NAB have instilled is almost like it’s part of their culture as the answers about the fraudulent activity that Was reported about were just blown off with replies like We’ve checked your accounts are safe. Now I’m frozen out of my entire port folio bar 1acc That one account has zero balance, NAB along with MLC, fake emails reported, unencrypted emails in my mailbox for years and reported about, financial advisors plans that look like they were prepared by a grade four student and the costs I said the truth is coming so here it is
Source: smh - 🏆 6. / 80 Read more »

Hayne verdict LIVE: Give regulators sweeping new powersAfter 68 days of public hearings, 134 witnesses and more than 6,500 exhibits, the banking and finance royal commission report will be released at 4.10pm today. Follow our live coverage. As long as there's EFT for wages the bank's don't give a hoot, they don't work for our business Still waiting for police raids
Source: theage - 🏆 8. / 77 Read more »

Business heavy-hitters warn against panic over HayneFormer Reserve Bank Board members and financial regulators have called for calm ahead of Monday's release of the Hayne report, and have sent a warning to both sides of politics. Translation: Roger Corbett:
Source: smh - 🏆 6. / 80 Read more »

Hayne verdict LIVE: Scandal-plagued banks face reckoningAfter 68 days of public hearings, 134 witnesses and more than 6,500 exhibits, the banking and finance royal commission report will be released at 4.20pm today. Follow our LIVE coverage. I await all of the xpert information coming out of the mouth of so many XPerts. Can they agree? 420 brah Limited public hearings
Source: theage - 🏆 8. / 77 Read more »