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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: Elliot,  ANZ,  Australia,  Committee,  Economics,  Royal Commission,  Shayne Elliott,  AFCA,  ASIC,  Brian Hatzer,  Canberra,  Financial Ombudsman Service,  House of Representatives,  Westpac