KM Financial Solutions | UPDATE 1-Australia’s ANZ posts 5 pct annual profit decline on compliance costs
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UPDATE 1-Australia’s ANZ posts 5 pct annual profit decline on compliance costs

UPDATE 1-Australia’s ANZ posts 5 pct annual profit decline on compliance costs

Australia and New Zealand Banking Group
Ltd said on Wednesday full-year cash earnings fell 5
percent, hit by mounting compliance costs that include
compensation to customers hurt by poor bank practices.

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