ANZ admits 'unacceptable failure' as bond probe continues

ANZ admits 'unacceptable failure' as bond probe continues
Shayne Elliott says those responsible for wrongdoing will be held accountable. (Image: Supplied)
AAP
By Poppy JohnstonSeveral employees have been suspended or terminated from ANZ as part of an investigation into alleged misconduct within its markets division.Chief executive officer Shayne Elliott said any evidence of wrongdoing would lead to those involved being "held accountable", with the board to consider if action should be taken against himself and other senior managers."With the assistance of external counsel, we are investigating these issues with the urgency expected and the group board continues to supervise this work c...

More Finance

RBNZ data scotches Dosh claims of bank registration application
Finance

RBNZ data scotches Dosh claims of bank registration application

The regulator received no bank-registration applications in July 2024. 

Co-operative Bank, ComCom agree penalty fee
Finance

Co-operative Bank, ComCom agree penalty fee

The bank is silent on the penalty amount it and the Commerce Commission are aligned on.

Andy Macdonald 26 Nov 2025
RBNZ reopens Wellington office after asbestos mayhem
Finance

RBNZ reopens Wellington office after asbestos mayhem

Bank tight-lipped on how many staff are home-working as asbestos-hit office reopens. 

Andy Macdonald 21 Nov 2025
Big banks eye warnings on legacy Open Banking technology
Finance

Big banks eye warnings on legacy Open Banking technology

Their interest comes with dawn of API-led Open Banking just weeks away. 

Andy Macdonald 19 Nov 2025