ANZ acknowledges ‘unconscionable conduct’ in bond trading and accepts a A$240 million fine
ANZ Group Faces Record Penalty for Regulatory Failures SYDNEY (Reuters) – ANZ Group has agreed to pay $240 million, marking the largest fine ever imposed by Australian corporate regulators. This penalty comes in response to a series of systemic failures, particularly concerning how the bank handled transactions involving government bonds. Joe Longo, chairman of the […]