The bank is also believed to have made misleading statements about its savings rates and failed to refund fees charged to deceased customers.
The fines are the highest against a bank in Australian history.
ANZ Bank Faces Record Fines for Bond Deal Misconduct
The Australian bank ANZ has agreed to pay fines of approximately 240 million Australian dollars – equivalent to almost 1.5 billion kronor – for deficiencies in the handling of a bond deal.
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Photo: Sofia Tanaka/TT
