Wonder what these guys are holding.
Chairman and CEO of NAB (one of Australia's big four banks) are resigning.
> The royal commission's final report on Monday singled out Mr Thorburn and Dr Henry for harsh criticism, saying they had not learnt the lessons from past misconduct, particularly in NAB's wealth management arm that had charged $100 million in fees without providing services in return.
> The leadership upheaval comes after NAB suffered a horror year in 2018, with the royal commission exposing the fees for no service scandal, questions over alleged rorts by Mr Thorburn's chief of staff, a bribery ring in the bank's mortgage business and a record-breaking shareholder revolt against the bank's executive pay report.
https://www.smh.com.au/business/banking-and-finance/nab-ceo-and-chairman-resign-20190207-p50wbx.html
https://www.smh.com.au/business/banking-and-finance/asic-takes-nab-to-court-over-fees-for-no-service-20180906-p50272.html
https://www.smh.com.au/business/banking-and-finance/andrew-thorburn-s-former-chief-of-staff-allegedly-rorted-500k-for-a-holiday-20190206-p50w3h.html