Investors will deliver ANZ a second rebuke of its remuneration report this week, setting the scene for a potential spill of the board and making it clear shareholders want to see more serious consequences for the bank’s string of compliance failures and hundreds of millions of dollars in penalties.
ANZ proxies already tallied show investor votes against the pay plan will surpass the 25 per cent threshold to deliver the bank another strike, people with knowledge of the count said on the condition of anonymity.
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