Should you guarantee your child’s business loan?
The Financial Services Royal Commission has been a public relations disaster for the industry. Australia’s big four banks – NAB (ASX: NAB), Commonwealth Bank (ASX: CBA), ANZ (ASX: ANZ) and Westpac (ASX: WBC) – and wealth manager AMP (ASX: AMP) no doubt wish the government had held firm against calls for such a Royal Commission.…