Australian PM Turnbull: Big banks will be brought before parliamentary economics committee each year

The Australian PM Turnbull was on the wires last minutes via Reuters, calling for a public enquiry into the banking system.

Mr. Turnbull noted, "What we will do now is institutionalize regular accountability and transparency. So this will become part of your regular annual schedule if you are a bank CEO appearing before the House economics committee. You'll appear at least annually."