ANZ’s board plans to release a sweeping review of culture and risk governance in its embattled markets unit imminently, backpedalling on its previous stance to disclose only a summary.
The Melbourne-based bank’s board is meeting this week to consider the findings of the review conducted by consultants Oliver Wyman, two sources with knowledge of the meeting said.
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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
Joyce Moullakis writes on banking and finance, specialising in investment banking, private equity, and financial services. Connect with Joyce on Twitter. Email Joyce at joyce.moullakis@nine.com.au