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  • What ANZ lost on Opes

What ANZ lost on Opes

19 February 2009 5:39PM Ian Rogers
Around $200 million on a settlement with the administrators. Or so rival publications have reported in recent days. Then there's any actual lending losses by ANZ over its dealing with Opes Prime, and provisions to this point appear to be small. Plus compliance and litigation costs.

It's not a bad result, especially if someone else pays.
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