Scathing royal commission report slams banks

The banking royal commission has delivered a scathing verdict of a greed-driven industry in its final report, recommending a raft of changes designed to better protect consumers and improve regulation. The commission has referred 24 cases of potentially criminal activity to the responsible regulators for further investigation, but isn't naming names. Prof.E.Selvanathan, Department of Accounting, Finance and Economics, Griffith University explains more....