Australia’s Banking Is ‘Most Distrusted’ Industry: Roy Morgan CEO [Video]

Via Yahoo Finance

Dec.01 — Michele Levine, chief executive officer of research company Roy Morgan, talks about the challenges Australian banks face. Brian Hartzer steps down Monday as Westpac Banking Corp. CEO after the lender was engulfed by allegations it committed violation of money-laundering laws. Meanwhile, Ross McEwan, who engineered Royal Bank of Scotland Group Plc’s revival, becomes CEO of scandal-plagued National Australia Bank Ltd. Levine speaks on “Bloomberg Daybreak: Australia.”

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