ANZ Australia to Pay Historic $160 Million in Fines for Widespread Failures
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 15 2025
0mins
Source: SeekingAlpha
Record Fine Imposed: Australia and New Zealand Banking Group (ANZ) has agreed to pay a record fine of A$240 million ($159.5 million) due to systemic failures and misconduct identified by the Australian Securities and Investments Commission.
Misconduct Details: The bank was found to have acted unconscionably in managing a $14 billion bond deal, overstating bond trading data to the government, and failing to pay promised bonus interest to new savings account holders from 2013 to 2024.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
