"No big players take the AML breaches as a serious issue for two reasons".
Quite correct but I think APRA does. Toothless? Wait & see.
IMHO the question is culture (eg having a low level functionary convicted for fraud), not profitability or possible fines (ie a cost of doing business?).
CBA Price at posting:
$80.44 Sentiment: None Disclosure: Held
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