Finance
Banning Alcohol at Australian Bank Would Be Difficult, CEO Says
- Australian lender hasn’t ruled out alcohol ban amid complaints
- Three people had left ANZ after a number of allegations
Source: Bloomberg
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ANZ Group Holdings Ltd.’s Chief Executive Officer Shayne Elliott said an alcohol ban would be “difficult to implement” as the bank works to restore an embattled reputation following a series of scandals in its trading arm.
While Australia’s fourth-largest lender hasn’t ruled out imposing such a policy after complaints of inebriated staff on the trading floor, it wouldn’t be easy to do so and maintain, Elliott told Bloomberg Television’s Haslinda Amin in an interview on Monday.