ANZ cops A$240m fine for ‘unconscionable conduct’
New ANZ chief Nuno Matos continues to clear the decks and put the past behind him.
ANZ chief Nuno Matos said the failings were ‘simply not good enough’.
ANZ Banking Group has agreed to pay a A$240 million ($268m) fine imposed by Australia's corporate regulator Asic (Australian Securities and Investments Commission) for what it said was “unconscionable conduct” on four separate matters.
Asic today announced the penalties against ANZ for its
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