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No deliberate breach of law says Commonwealth Bank CEO

Commonwealth Bank CEO Ian Narev speaks during the House of Representatives Economic Committee inquiry at Parliament House in Canberra, Friday, October 20, 2017

Commonwealth Bank CEO Ian Narev speaks during the House of Representatives Economic Committee inquiry at Parliament House (AAP) Source: AAP

The chairman of the Commonwealth Bank says there will be consequences for staff found guilty of serious misconduct. Catherine Livingstone's comments, to a parliamentary inquiry, come as the bank faces massive fines for breaches of anti-money laundering and terrorism financing laws.


Published

Updated

By Jarni Bakkarly

Presented by Tina Vassiliev-Kern

Source: SBS




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The chairman of the Commonwealth Bank says there will be consequences for staff found guilty of serious misconduct. Catherine Livingstone's comments, to a parliamentary inquiry, come as the bank faces massive fines for breaches of anti-money laundering and terrorism financing laws.



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