ANZ's $160M Fine: New Boss, Old Problems

ANZ's new boss faces a major test! Australia's securities watchdog demands urgent fixes after the bank's record $160M fine for misconduct affecting 65,000 customers. Years of overstated bond trades and misleading practices led to a betrayal of trust, says the regulator. Now, with leadership shake-ups underway, can ANZ rebuild trust and avoid future failures under the watchful eye of regulators cracking down on the entire finance sector? Hosted on Acast. See acast.com/privacy for more information.