18 Jun 2019

ANZ staff furious as boss leaves over dodgy spending

From Morning Report, 7:10 am on 18 June 2019

ANZ staff are said to be furious that they've been helping to pay for their chief executive's lavish lifestyle while they've struggled for a pay rise.

The bank's chair, Sir John Key, on Monday revealed the chief executive David Hisco has left after a review which found he'd been passing off luxury personal expenses as business ones.

As Michael Cropp reports, that's expected to do little for an industry struggling to win the trust of consumers.