Macquarie Bank will pay a $14 million fine and $8.8 million in compensation to 40,000 customers over misleading savings rate promotions

BusinessNov 10 at 5:16 PM – Nov 10 at 9:16 PM6 outlets

ABC News (Australia)

Breaking: Macquarie faces $14m fine for savings rate failures Nov 10 at 5:16 PM

Bloomberg

Macquarie to Pay Fine on Marketing Failure as New CEO Arrives Nov 10 at 6:02 PM

The Sydney Morning Herald

Major Aussie bank whacked with $14m fine over account 'failures' seen Nov 10 at 9:16 PM

Macquarie admits ‘bonus’ savings rate failure, agrees to pay $14 million Nov 10 at 7:14 PM

Australian Financial Review

Macquarie Bank hit by ASIC over deposit welcome rate Nov 10 at 5:36 PM

PerthNow

Macquarie Bank faces $14m fine and $8.8m payout over confusing savings rates Nov 10 at 6:53 PM

The New Daily

Macquarie staring down $14 million penalty over savings accounts rates seen Nov 10 at 7:47 PM