Commonwealth Bank once again has found themselves in hot water as reports reveal they manipulated children accounts.
The ‘Dollamite’ accounts were activated by the bank’s own staff to increase sales and targets to reach bonus goals.
Commbank’s new chief executive, Matt Comyn said he deeply regrets what’s happened and sworn to take action against any employee caught doing the wrong thing.
Things aren’t looking good for the company as the former CFO, and numerous executives stepped down last week amidst recent scandals.