ANZ has failed to overturn a ruling that it breached disclosure laws during a chaotic $2.5 billion capital raising almost a decade ago, undermining the legacy of its chief executive, Shayne Elliott, who oversaw the deal in his prior role as chief financial officer.
Shayne Elliott with Jim Chalmers earlier this year. Mr Elliott was ANZ’s chief financial officer at the time of the capital raising. Arsineh Houspian
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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
