ANZ said on Friday it was fined AUD10 million ($7.14 million) by federal court of Australia for engaging in ‘unconscionable conduct’,.
ASIC has banned Francesco Antonio Romano, a former ANZ financial adviser who claimed to have an exemplary compliance record for 5 years.
The NZDUSD pair extended this week's rejection slide from the 0.6300 handle and remained under some heavy selling pressure for the third consecutive session on Thursday.
The Kiwi is running out of risk steam as Japan's government scandal swings back into focus. With the current level of the NZDUSD pair, will NZD bulls drive the pair higher? Find the answer on the 27 March NZDUSD Fundamental Outlook.
ANZ will repay close to $28.8 million to its clients, after ASIC reported the ANZ fee disclosure failure. What went wrong and how was the failure detected?
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