Mar
27

Aussie Banks Face Squeeze as Conduct Probe Crimps Pricing Power

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  • Reputation risk hurts ability to pass on rising funding costs
  • Big-four lenders ‘are really stuck,’ governance expert says

A recent spike in funding costs is happening at the worst time for Australia’s big banks, as intense public scrutiny crimps their ability to pass on increases to customers…

Aussie Banks Face Squeeze as Conduct Probe Crimps Pricing Power

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