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Bank failure over the lockdown of the Royal Commission



"It's a shame," said a banker.

"For the first time, members of our staff will find out whether Heine recommended being under criminal charges will be in articles from the media," he said.

Several of the banks expected to be allowed in the closure of the industry and planned to send some internal lawyers and policy specialists.

For the first time, members of our staff will learn whether Hayne recommends that we handle criminal charges be in articles in the media.

Banking source

Instead, the Australian Banking Association, led by former Queensland Prime Minister Anna Bli, will attend the lock.

A bank source said that while the ABA would provide banks with a detailed policy analysis, the organization was not expected to give an individual verification of the allegations against major banks.

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Several banks admit they were abused in response to preliminary findings issued after the first six rounds of hearings during the Royal Commission, but banks also denied many allegations against them.

Bankers remains particularly concerned that the government will hijack the publication of the report so that it can achieve political points before they are expected to wipe out the federal election.

The public disclosure of the report will coincide with the nearby market.

"We will try to get the market statement on the evening, but that will be a big problem," another representative said.

Other banks were cautious about their ability to make a statement to shareholders and public on the evening of February 4th.

Sarah is a business journalist based in Melbourne.

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