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Posted: 2018-04-30 05:30:12

Updated April 30, 2018 16:32:34

Investors may have taken the announcement of a royal commission into the banks in their stride initially, but that has changed considerably since public hearings began.

AMP's stock price has been hit hardest, down more than 20 per cent since the royal commission was announced, a factor which may have contributed to the resignation of Catherine Brenner today.

None of the big players remained in positive territory after the first round of public hearings.

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Topics: banking, royal-commissions, business-economics-and-finance, law-crime-and-justice, australia

First posted April 30, 2018 15:30:12

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