ANZ exec ‘deeply concerned’ about $2.5B share placement shortfall, court hears

Trials 2023-04-24 10:03 pm By Sam Matthews | Melbourne

A senior ANZ executive was “deeply concerned” by the size of the shortfall in its $2.5 billion 2015 equity capital raising, the court heard on the first day of trial in ASIC’s civil penalty case against the bank over alleged disclosure breaches.