I think The Comm Bank people are too busy trying to stay out of jail let alone be any kind of competition to us !
"The Commonwealth Bank is being sued for misleading conduct after allegedly charging nearly a million customers almost $55m in fees it was not entitled to.
Corporate regulator ASIC has started civil penalty proceedings in the Federal Court alleging the CBA incorrectly charged monthly access fees to customers.ASIC alleges the bank incorrectly charged customers monthly access fees between June 1, 2010 and September 11, 2019 when they were entitled to fee waivers under their contracts.Almost $55m in fees were charged to nearly one million customers and more than 800,000 accounts."
Yep, don't have to worry about those crooks at all.
cheers to holders
Daily Price Movement / General Discussion, page-6982
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