March 10 (Reuters) - Australia's corporate watchdog said on Friday the country's six largest banking services providers have paid or offered A$4.7 billion ($3.10 billion) in compensation to customers who suffered losses for fees charged for services that were not provided.
The Australian Securities and Investments Commission (ASIC) said it undertook a review of the systems which led to wrongful fees being charged by the country's four biggest banks - Commonwealth Bank of Australia (CBA) , Westpac Banking (WBC) , ANZ Group (ANZ) and National Australia Bank (NAB) - plus investment bank Macquarie Group (MQG) and wealth manager AMP Ltd (AMP) .
($1 = 1.5177 Australian dollars)
News: WBC Australian regulator says banks paid $3.10 bln in compensation for wrongly charged fees
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