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HomeGeneral NewsANZ admits to ‘widespread misconduct’, facing $240m in penalties

ANZ admits to ‘widespread misconduct’, facing $240m in penalties

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ANZ has admitted to engaging in widespread misconduct and agreed to pay a record $240m in penalties.

The bank admitted “unconscionable conduct” in services provided to the Australian government, incorrectly reporting its bond trading data by overstating the volumes by tens of billions of…



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