Outgoing ANZ chief executive Shayne Elliott has given up bonuses worth more than $3 million after investors vented their fury over how the bank has handled a crisis engulfing its trading floors, which are now at the centre of a regulatory investigation into market manipulation.

More than 38 per cent of investors voted against ANZ’s remuneration report before its annual shareholder meeting on Thursday, a significant protest vote that ensured the bank and its board would get its first strike since 2018.