Winston Churchill's coins offer clue to bank motives

By Noel Whittaker
Updated October 28 2017 - 9:43am, first published October 16 2017 - 11:54am
MELBOURNE, AUSTRALIA - SEPTEMBER 22: Generic 'Big Four Banks' - ANZ Bank, Commonwealth Bank, NAB Bank and Commonwealth Bank. General view of people walking past bank atms on 22 September, 2015 in Melbourne, Australia. (Photo by Paul Rovere/Fairfax Media) Generic banks
MELBOURNE, AUSTRALIA - SEPTEMBER 22: Generic 'Big Four Banks' - ANZ Bank, Commonwealth Bank, NAB Bank and Commonwealth Bank. General view of people walking past bank atms on 22 September, 2015 in Melbourne, Australia. (Photo by Paul Rovere/Fairfax Media) Generic banks

The unexpected "generosity" of the Commonwealth Bank in abolishing fees for withdrawals at ATMs has been well publicised. As expected, all the other banks quickly followed suit and there were headlines galore about the difference it would make to their customers.

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