ANZ News Today, Nov 22: Governance Issues Exposed by McKinsey Report

ANZ Group Holdings Limited is under the spotlight after a McKinsey report exposed significant governance issues within the bank. This report has labeled the bank as ‘insular,’ highlighting its inability to address bad news effectively. As the bank’s governance practices come under scrutiny, investor confidence may be affected, putting pressure on ANZ’s management to implement strategic changes. This article delves into the report’s findings and their implications for ANZ’s future.