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The royal commission is about to grill the chiefs of the big four banks. Here’s why soon they mightn’t exist
It will be worth watching the final round of hearings at the banking royal commission, which begin on Monday.
- Pat McConnell
- The Conversation
The chief executives of each of the big four will be recalled for reexaminations.
It might be the final time they appear in the same room.
It might even be the last time there’s even such a thing as the big four.
Not only are the so-called four pillars under attack from the Commissioner Kenneth Hayne, but there are also enormous economic and technological pressures that are already beginning to undermine their…
Together, these pressures have the…