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Business
ANZ Bank Fined A$240M for Bond Deal Misconduct and Customer Breaches
ANZ Bank faces historic A$240 million penalty for systemic failures including bond trading misconduct and charging deceased customers, marking ASIC's largest-ever fine against a single entity.
anz-bank
financial-regulation
banking-misconduct
+5
Business
ANZ Bank Hit with Record A$240M Fine for Customer Trust Breaches
ANZ Bank faces historic A$240 million penalty for widespread misconduct affecting 65,000 customers, marking ASIC's largest-ever fine against a single entity. Bank admits to multiple breaches and unconscionable conduct.
anz-bank
financial-misconduct
banking-regulation
+5