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2025-09-15 08:29:33

ANZ Bank fined a record $160 million by Australian regulators for misconduct. ANZ Banking Group has agreed to pay a fine of A$240 million (approximately $160 million), admitting widespread misconduct in its institutional and retail divisions. Following a months-long investigation, the Australian Securities and Investments Commission (ASIC) released a statement alleging that ANZ exaggerated bond trading volumes by "tens of billions of dollars" and engaged in "widespread misconduct" across multiple products and services, affecting nearly 65,000 customers.

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