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Hot Topic Hawke’s Bay
Australia
2 mins to read

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.

Lachlan Colquhoun Thu, 11 Jul 2024

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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Lachlan Colquhoun Thu, 11 Jul 2024
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Related News
Australia
1

ANZ chief calls for consistent regulations for Pacific banking
Australia

JP Morgan fined A$775,000 for failing to stop market manipulation
Australia
1

First blood to ASIC in fight against ‘greenwashing’
ANZ investigates markets division over Govt bond trading claims
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