Australia’s NAB cuts 300 staff over wrongdoing

FILE PHOTO: National Australia Bank (NAB) CEO Andrew Thorburn poses for photographs in front of automatic tellar machines (ATMs) during an official event at a branch in central Sydney, Australia, November 1, 2017. Picture taken November 1, 2017. REUTERS/David Gray/File Photo

SYDNEY (Reuters) – About 300 staff of National Australia Bank have been fired or left the company as a result of internal investigations into wrongdoing, Chief Executive Andrew Thorburn said on Friday, following public revelations of misconduct across the sector. Thorburn said he was ashamed of the bank’s behavior and admitted he had been wrong […]

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