ANZ Bank Implements Major Overhaul to Tackle Regulatory Challenges

Reported 28 days ago

ANZ Group has initiated a significant structural reorganization aimed at streamlining operations and improving data analytics amid ongoing regulatory scrutiny. The Australian lender, facing investigations regarding its bond trading activities, will consolidate operations under a new executive team and establish a centralized data and analytics unit. This overhaul is expected to enhance accountability and responsiveness to customers, with the new structure set to be in place by March 2025.

Source: YAHOO

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