ANZ's $160M Fine: New Boss, Old Problems
Update: 2025-09-15
Description
ANZ's new boss faces a major test! Australia's securities watchdog demands urgent fixes after the bank's record $160M fine for misconduct affecting 65,000 customers. Years of overstated bond trades and misleading practices led to a betrayal of trust, says the regulator. Now, with leadership shake-ups underway, can ANZ rebuild trust and avoid future failures under the watchful eye of regulators cracking down on the entire finance sector?
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