Australia regulator accepts ANZ's undertaking to fix risk culture; hikes capital add-on
The Australian Prudential Regulation Authority (APRA) also raised the amount of spare cash that the country's No. 4 lender must keep on hand to A$1 billion ($628.50 million) from A$750 million. In ...
APRA lashes ANZ’s risk culture, raises capital penalty to $1b
The separate review of the bank’s culture found “weaknesses in culture, leadership, and infrastructure could lead to material ...