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CBA admits its board was briefed on a lender’s repeated misconduct

The Commonwealth Bank has been forced to explain why it failed to produce records about a lender’s misconduct at the banking royal commission. The bank previously told the commission it was unaware of the lender’s ongoing misconduct, but admitted a CBA board member recieved a personal briefing on the issue after a document detailing the meeting was unearthed.

from Finance – syndicated | Daily Telegraph https://ift.tt/2lHwXCw
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