Australia's biggest banks and insurers have been bracing themselves for a blistering denunciation from the royal commission's interim report.
But they have also been consoling themselves with the idea that, once all the furore died down, life was likely to continue pretty much as it had in the halcyon pre-commission days.
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Karen Maley writes on banking and finance, specialising in financial services, private equity and investment banking. Karen is based in Sydney. Connect with Karen on Twitter. Email Karen at karen.maley@afr.com
