Sunday, 22 February 2015
Whistleblower's NAB leak reveals persistent bad behaviour in financial planning
From Sydney Morning Herald –
“It was early August 2014, and the financial advice industry was on red alert. The Commonwealth Bank's chief executive had just "unreservedly" apologised for a scandal involving fraud, forgery and a cover-up within the bank's financial planning operations. Allegations had just surfaced about cheating on professional exams at Macquarie Group.
And within National Australia Bank, a sensitive and explosive report was circulating.’
Read more>>
Labels:
Australia,
banks,
NAB,
risk,
whistleblower