ANZ bank pays record $240m fine for widespread misconduct: ‘Betrayed the trust of Australians’

Company admits allegations in four investigations brought by financial regulator AsicFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastANZ bank will pay $240m in penalties, the biggest fine issued by the financial regulator Asic to date, to settle four investigations into widespread misconduct that put public funds at risk, and…

Source: https://www.theguardian.com/australia-news/2025/sep/15/anz-bank-pays-record-240m-fine-for-widespread-misconduct-time-and-time-again-they-betrayed-the-trust-of-australians