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Subjects: VDM, ADM, CFG

Interview segments with FCAC Commissioner: Retail banking sales culture may raise risks for consumers


OTTAWA, March 21, 2018 /CNW/ - Following the publication of a report on its review of domestic banks' retail sales practices, the Financial Consumer Agency of Canada (FCAC) has made interview clips with Commissioner Lucie Tedesco available. These clips are for use by radio, television and online media outlets across Canada.

Quote
"Banks are in the business of making money. We know that. But the way they sell financial products and manage employee performance, combined with how they set up their governance frameworks can lead to sales cultures that are not always aligned with consumers' interests."
Lucie Tedesco, Commissioner, Financial Consumer Agency of Canada

Related links

Visit canada.ca/money 
Follow @FCACan on Twitter
Like Financial Consumer Agency of Canada on Facebook 
Follow Financial Consumer Agency of Canada on LinkedIn 
Subscribe to FCACan on YouTube

 

SOURCE Financial Consumer Agency of Canada


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