Relationships between Bendigo Bank’s top executives will be under renewed pressure following the publication of a cache of documents that reveals weaknesses in its systems and led a senior executive to contradict her former boss and criticise the bank’s most senior risk officer in public.
The documents were published by the Hayne royal commission late on Wednesday. Among them are an incendiary internal risk report that identifies systemic weaknesses as well as years of correspondence between the bank and the regulator APRA about issues within its credit department.
The documents also include Bendigo Bank’s submission to the royal commission which contains details of as-yet unheard instances including the bank manager who forged customer signatures, staff stealing from a…
