NAB ‘took advantage of customers’ by overcharging them: judge
James EyersSenior Reporter
National Australia Bank has been chastised by the Federal Court and corporate regulator for not fixing a problem that resulted in customers being overcharged fees for more than two years after it had been made aware of it.
NAB’s misconduct was “unconscionable” and a breach of its Australian financial services licensee duties to act fairly and honestly, the Federal Court said on Monday.
Loading...
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Financial services
Fetching latest articles