Boldy bankers

Good morning.

The banking lobby gathered Melbourne’s finest to talk “banking boldly” yesterday — misspelt as “boldy” on screen for most of the day. And Capital Brief’s Jack Derwin reports the audience responded to almost every panel with complete silence.

ASIC chair Sarah Court reminded the room that the corporate regulator is “very rarely in court dealing with bold new innovation” (i.e. usually just the same old banking crookedness). And APRA chair John Lonsdale warned about civilisational polycrisis, underscored by a Bohemian Rhapsody ringtone.

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