This latest scandal comes as the banks continue to pay the price for past misconduct.
Another $5 billion in remediation is expected to flow soon, as the banks also spend hundreds of millions of dollars on new systems to fix old problems and prevent new ones.fees-for-no-service scandalMr Elliott told the House of Representatives Economics Committee he had received $137 in repayments for money his own bank unlawfully took from his accounts.
Tim Wilson MP: Just to clarify, you're the CEO of this bank, and you got three letters from yourself saying 'I took three amounts of money'?Farmer's five-year, 40,000km fight with NABHe claims he was mis-sold unsuitable products and fleeced by interest linked to"Did the whole job on me with receivership and everything else, gutted our family, destroyed my marriage," Mr Mott said.
"Since [then] we've done forensic analysis of our accounts, they were gouging with interests and false charges. A lot of conduct, bad banking conduct.