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The Daily Hodl 2023-10-01 00:04:59

Billion-Dollar Bank Fined $9,650,000 for Misleading Customers, Charging 186,000 Accounts With Hidden Fees and Interest

A bank with about $670 billion in total assets will pay a multi-million-dollar fine after admitting to misleading credit card customers for years. The Australian Securities and Investments Commission (ASIC) says Australia and New Zealand Banking Group Limited (ANZ) has agreed to pay $15 million AUD, worth about $9.65 million, after the country’s Federal Court found The post Billion-Dollar Bank Fined $9,650,000 for Misleading Customers, Charging 186,000 Accounts With Hidden Fees and Interest appeared first on The Daily Hodl .

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