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APRA has increased ANZ's capital add-on requirement by $250 million to account for operational risks, after a report highlighted “persistent and prevalent” problems at the bank.
An ANZ client who alleges an investment advisor accessed her private banking records has been ordered to replead her case.
A former ANZ trader who was allegedly axed after complaining about manipulation of the bank bill swap rate has largely lost his application to amend his case.
A long-running discrimination case by a former ANZ lawyer who alleged the bank's work environment was hostile to pregnant women has been thrown out by VCAT.
ANZ Bank New Zealand has lost its bid to appeal a ruling that common fund orders can be made in class actions, including at an early stage of the proceeding,
The law firm running a class action against ANZ and superannuation trustee OnePath wants a 29.4 per cent cut of the $50 million settlement, having run the case on a no win, no fee basis.
A class action against ANZ over alleged predatory lending practices has settled for $85 million, while two related cases against Westpac and Macquarie are set to go to trial this month.
Big Four bank ANZ and superannuation trustee OnePath will pay $50 million to settle a class action brought on behalf of super members allegedly charged excessive fees.
A settlement has been reached on the eve of trial in a class action against ANZ and OnePath alleging they slugged super fund members with excessive fees.
The law firm running class actions against ANZ and Westpac has been pulled up for claiming confidentiality over a solicitor's affidavits on the costs incurred by the applicants since the court approved settlements in the cases.