ASIC slams banks and financial institutions for creating ‘trust deficit’

ASIC slams banks and financial institutions for creating ‘trust deficit’

Updated May 17, 2018 12:00:21 ASIC chairman James Shipton has slammed banks for creating “a trust deficit” after widespread unethical and unlawful conduct revealed at the financial services royal commission. In one of his first public speeches since being appointed, Mr Shipton said the royal commission highlighted the “totally unacceptable …

Brazil’s former president Lula defies prison order over corruption charges, creating standoff

Brazil’s former president Lula defies prison order over corruption charges, creating standoff

Updated April 07, 2018 16:17:32 Photo: Mr Lula waves to supporters in front of the metal workers union headquarters. (AP: Nelson Antoine) Brazil’s former president Luiz Inacio Lula da Silva has defied a judge’s order to turn himself in to police on Friday and start serving a 12-year prison sentence …