At the conclusion of the Royal Commission into the behaviour of Australia’s banks earlier this year, there was a sense that one of the big four banks had got away relatively unscathed: Westpac.
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Brian Hartzer, CEO, Westpac |
None of its executives was ousted, it didn’t sell its wealth business as others had set about doing, it didn’t seem to have behaved as badly as the Commonwealth Bank of Australia (CBA) and its leaders didn’t seem to misjudge the mood as badly as did National Australia Bank’s (NAB).
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