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ANZ to Release Review of Culture in Its Entirety

ANZ to Release Review of Culture in Its Entirety

by Starling Insights

Starling Insights Editorial Board

Apr 01, 2025

Observations

ANZ's board has announced that it plans to release the full results of a review into culture and risk governance in its markets unit, reversing its earlier decision to disclose only a summary.

Oliver Wyman was appointed five months ago to investigate cultural and behavioral issues within ANZ's markets team, as well as trading irregularities linked to a $14 billion bond issuance in 2023. The board of the Melbourne-based bank is considering the findings of that investigation and expects to publish the final report within weeks.

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