The CEO of Commonwealth Bank testifies at the Banking Royal Commission

[7.2] Matt Comyn, Managing Director and Chief Executive Officer of the Commonwealth Bank of Australia (CBA), is being questioned over the bank's incentive structures, mortgage brokers' trailing commissions, consumer credit insurance, and more. Recorded on 19-20 November 2018 at the Lionel Bowen Building in Sydney. Testimony held during the seventh round of public hearings at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, focusing on policy questions arising from the first six rounds. Witness Statement: https://bit.ly/2PMZOHm Exhibits: https://bit.ly/2S42NHN (Nov 19) https://bit.ly/2FwSjiX (Nov 20) Transcripts: https://bit.ly/2A4Gc6C (Nov 19) https://bit.ly/2PLcYEH (Nov 20) This video was extracted from the Royal Commission’s webcast archive and republished here as permitted under its Creative Commons Attribution 4.0 International licence. The source file, containing the raw archived webcast of the entire day of hearings, was trimmed to only retain the testimony of the above witness(es) and remove any breaks and offline periods of the webcast. For testimonies held over multiple days, separate source files would have been combined to create one consolidated video. Video Source: https://bit.ly/2XBSBKh Copyright information: https://bit.ly/2K2JMl2 Creative Commons license information: https://bit.ly/1rMF155 Whilst permitted under its Creative Commons licence, the republication of this content on YouTube is not officially endorsed by the Royal Commission nor the Commonwealth of Australia. © Commonwealth of Australia 2018. #bankingRC