ANZ investigates markets division over Govt bond trading claims
The bank reacted to reports of an ASIC probe by mandating two law firms to look at the division's culture.
ANZ has been left out of recent major government debt issues.
ANZ chief executive Shayne Elliott has admitted to ongoing cultural issues in the bank's markets division and has appointed two law firms to investigate, with the probe running alongside an examination of the bank's trading in Australian government bonds by regulator ASIC.
Elliott responded to
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