Finance Hour On J-air

How do we fix our banks? That’s the question that came to mind after reading the Royal Commission’s Interim Report. And from the looks of the headlines from both online and newspaper outlets, I wasn’t the only one who scratched my head. In today’s episode, my guest Michael Chew and I share our opinions on the report. We discuss some of its highlights, what they mean in context, and how they can affect our financial markets. We try to visualize how this report can affect the way we bank as well as the changes we expect to happen in the near future. We also discuss what the document meant by “culture of greed” in our financial system. Don’t miss this week’s segment of Reuben’s Rant where I provide commentary on why I think it’s not really wrong to charge dead people money. “The banks are responsible in what information mortgage brokers provide.” This week on The Finance Hour Podcast: Our opinions on the recent interim report released by the Royal Commission. The concerns about how the report was created. Is