There’s no business like the banking business, via The Australian:
NAB’s head of wealth Andrew Hagger will exit with redundancy payout of up to $796,000, as the highest-profile casualty so far of the banking royal commission.
Mr Hagger, who has trousered more than $20 million over his decade at the bank, agreed to fall on his sword at the weekend after his evidence to the banking royal commission over his dealings with the corporate regulator during NAB’s fees-for-no-service scandal were lashed by counsel assisting, Michael Hodge QC.