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Regulatory

ANZ chief says remediation is "distracting"

ANZ chief executive Shayne Elliott admitted to a parliamentary inquiry that the bank saw its remediation programs as a "distraction" and at one point took up to 15 years to compensate customers.

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Read more: ElliotANZAustraliaCommitteeEconomicsRoyal CommissionShayne ElliottAFCAASICBrian HatzerCanberraFinancial Ombudsman ServiceHouse of RepresentativesWestpac