NAB bosses promise reform after ASIC finds more than 10k law breaches

Wed, 18 Dec 2019

A day after Australia's corporate regulator accused it of breaking the law more than 10,000 times, National Australia Bank's new chair and chief executive assured shareholders they will drive significant change at the same time as fixing past transgressions.And that they will be accountable to shareholders, both told the annual shareholders' meeting in Sydney.Chair Philip Chronican, who acted as interim chief executive for nine months until Ross McEwan took the reins two and a half weeks ago, said Australia's royal commission on financial servi...

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