PR pariah: How ANZ’s CEO Shayne Elliott shot himself in the foot

PR pariah: How ANZ’s CEO Shayne Elliott shot himself in the foot – PR pariah: How ANZ’s CEO Shayne Elliott shot himself in the foot Among the big four banks, ANZ could least afford to pass the RBA rate cut on in full. Front Page One News Page[Aus]: Wednesday, 5 June 2019

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PR pariah: How ANZ’s CEO Shayne Elliott shot himself in the foot admin June 5, 2019 Latest News Comments Off on PR pariah: How ANZ’s CEO Shayne Elliott shot himself in the foot 62 views Clearly, ANZ already had its plan in place to pass on only 18 basis points of the RBA’s 25 basis point cut well before the central bank made its announcement on Tuesday.

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The bank finds itself caught in a no-win situation. Elliott got set up by the other banks. ANZ is now a public relations pariah and has outed itself to shareholders as the weakest in the bunch.

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