ANZ Bank New Zealand [NZX: ANZ], the country’s biggest lender, negotiated an A$85 million payment from insurers in relation to two former ING funds that were frozen five years ago after getting caught out in the global financial crisis.
In December “the bank reached a conditional agreement
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NBR Staff
Thu, 20 Feb 2014
Thu, 20 Feb 2014
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ANZ reaches AU$85m settlement with insurers over frozen CDO-backed funds
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