ANZ CEO Contemplates Succession Amid Trading Scandals and Bonus Reductions
In a significant turn of events at the Australia and New Zealand Banking Group (ANZ), CEO Shayne Elliott is reportedly considering potential successors following a series of trading scandals that have marred the bank's reputation. This comes in the wake of an announcement regarding a reduction in bonuses for top executives, a decision taken to address the fallout from the turmoil.
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Shocking Turn of Events: B. Riley-Backed FRG Dispenses Millions in Bonuses Before Downfall
In a startling development, Franchise Group Inc. (FRG), a company backed by investment firm B. Riley Financial, has been revealed to have paid out millions in bonuses just days prior to its catastrophic financial collapse. This unexpected move has raised eyebrows and incited significant concern among investors and stakeholders, who are questioning the decision-making processes within the company.
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