ANZ 'Has to Be Realistic' About Alcohol Policy, CEO Says

ANZ Group Holdings CEO Shayne Elliott explains how the bank is dealing with a series of scandals in its trading arm. ANZ has taken action against staff relating to cultural and conduct issues and has also hired external legal counsel to investigate allegations that it overstated bond dealings to win business. It's also facing a probe into its role in the sale of a government bond last year. Elliott said during testimony in parliament last month ANZ will re-examine its alcohol policies after complaints of inebriated staff on the trading floor. Elliott also discusses the bank's growth strategy for Asia on "Bloomberg: Markets Asia."