NAB chief admits banks' drive for profit helped create industry crisis

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NAB chief admits banks' drive for profit helped create industry crisis
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Executive and director pay has been slashed and reforms made to bonuses after NAB hit with lawsuit on Tuesday

The new chief executive of NAB has admitted the hunt for quick growth has helped create a crisis in the Australian banking industry over its mistreatment of customers.

 

'helped' = trivialization of corruption 101

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