The chairman of the Australian Securities and Investments Commission Joe Longo did not hold back when he fronted the media on Monday to lambast the actions of ANZ as “grubby”.

The regulator had just announced a $240 million settlement relating to ANZ’s misconduct across its institutional and retail bank, of which $125 million related to the bank’s dealing with the government’s debt agency, the Australian Office of Financial Management. Loading...

See Full Page