May 31, 2018 / 9:30 PM / 5 months ago

NZX Regulation places ANZ on trading halt pending announcement on legal proceedings

June 1 (Reuters) - NZX Regulation on Friday placed a trading halt on shares and debt securities of Australian and New Zealand Banking Corp pending an announcement on legal proceedings being initiated against ANZ.

Australia’s “Big Four” banks have been under pressure due to a powerful inquiry into financial sector misconduct. (Reporting by Aditya Soni in Bengaluru)

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