United States, BBC, Hallel Griffith discussed on Marketplace All-in-One


And by sun basket sun basket has been rated the number one meal kit by leading publications why they deliver easy recipes and clean ingredients to your door with options for paleo glutenfree lean and clean vegan mediterranean family options and more go to sun basket dot com slash morning to learn more and get thirty five dollars off your first order sun basket dot com slash morning banks in the us and australia under fire for dishonest customer charges live from london this is the marketplace morning report from the bbc world service i'm anew on good morning wells fargo could be fined a billion dollars today for opening fake customer accounts charging for unnecessary services a scandal uncovered in two thousand sixteen at the same time in australia the head of one of its largest financial institutions amp has resigned after revelations the company lied for a decade to regulators about charging customers for services they never receive served the bbc's hallel griffith has more australia's financial sector is one of the most profitable in the world but a royal commission inquiry has exposed systematic failures and abuses earlier this week that amp was full stood met it'd lied to the industry regulator for a decade about its practice of charging customers for advice they never received the chief executive maleh said he did not condone the behavior accepted he had to go the strating government has announced new penalties for corporate misconduct which lynn clued fines of up to ten percent of a company's turnover well indeed australia's government is putting its money where its mouth is increasing the maximum penalty for the most serious offenses to ten years in prison for individuals or about nine million dollars for corporations here's australia's treasure scott morrison the impacted can occur to a very large numbers of individuals is very very serious we need to sit the tone through the law and the penalties that applied so people under.

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