ANZ chief executive Shayne Elliott has told staff the issues facing its trading floor have been conflated into a media conspiracy theory, downplaying a scandal that has led to multiple external investigations.
In a town hall meeting on Wednesday, Mr Elliott told staff the three issues – an investigation into its bond trading, the reporting of inflated data to a government agency and allegations of serious workplace misconduct – were unrelated.
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Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
