June 27, 2018 / 12:55 AM / 8 months ago

TAKE A LOOK-Australia's financial services sector under scrutiny

Australia's scandal-plagued financial services sector, the country's biggest
contributor to GDP, is engulfed in a year-long misconduct investigation that has
powers to subpoena evidence and question executives of its largest firms. 
    The Royal Commission, as the inquiry is called, began in February, following
a string of scandals involving rate-rigging, money laundering, and unethical
conduct in wealth management and insurance. 
    For related Reuters coverage, please see:
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 (Reporting by Paulina Duran; Editing by Himani Sarkar)
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