Investor Sell-Off of ANZ Stock Persists as CEO Choice Fails to Impress Market
Several proxy advisory groups have raised concerns about potential market manipulation by bank traders, particularly in response to recent cuts made by ANZ.
The advisory groups argue that the cuts made by ANZ were insufficient to address the issues raised regarding market manipulation. This controversy has led to increased scrutiny and calls for further action to prevent manipulation and ensure fair and transparent trading practices.
While ANZ has made efforts to address these concerns, it remains to be seen whether additional measures will be implemented to prevent market manipulation in the future. Investors and analysts are closely monitoring the situation to gauge the impact of these developments on the financial industry as a whole.
