Banks’ corporate culture shock

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Westpac’s Chief Executive Mr. David Morgan said , “A good corporate culture included an environment in which people could act ethically and air issues or concerns without fear”.

I don’t want to comment on NAB. All I can say for ourselves is we do have robust policies and structures in place but at the end of the day it’s the culture that determines the use and abuse of those policies and of those structures,” Dr Morgan said after a Trans-Tasman Business Circle lunch in Sydney. ”