ANZ cops $250M penalty, judge tacks on $10M for ‘inexcusable’ bond conduct

Financial Services 2025-12-19 11:05 am By Cindy Cameronne | Sydney

A judge has ordered ANZ to pay $250 million in penalties in four cases by ASIC – $10 million more than the bank had agreed to pay – saying ANZ had “substantially deceived” the government by overstating bond trading volumes.