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ANZ boss sees a redemption moment for Aussie banks coming out of the COVID19 crisis

  • Neil Martin
  • March 31, 2020
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The chief executive of ANZ says the way banks handle the customers affected by the coronavirus crisis could be a redemption moment for the major lenders. The banking royal commission commissioner called for an overhaul of the sector, after his probe found major flaws in the system and highlighted misconduct by some institutions. 

“We’re going to be judged, not on what we say…but what we actually do,” Shayne Elliot told Virginia Trioli. “We all know that we have a role to play in any crisis.”

Listen to the full interview here: https://www.abc.net.au/radio/melbourne/programs/mornings/coronavirus-crisis-a-chance-for-banks-to-regain-trust/12093790

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Neil Martin

Neil Martin is the editor of Next Money. He is a financial journalist who writes on fintech, financial services and automation. He also wanted to be a backing singer for a R&B band, but he can't sing, so took up road cycling instead. Please feel free to follow him on Twitter, LinkedIn, or Medium. And email him if you have a story, or thoughts on fintech in general: [email protected]

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