ANZ under the gun to clean up its act in NZ
RBNZ wants proof that scandal-hit lender is operating prudently; DPM calls for bank's chairman to step down
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Wellington/Sydney
NEW Zealand's deputy prime minister on Monday called on the chairman of the local unit of Australia and New Zealand Banking Group to step down as regulators ramped up pressure on the lender to improve its internal risk controls and governance.
Deputy Prime Minister Winston Peters said ANZ Chairman John Key, a former prime minister under the opposition National Party, should resign after being at the centre of questions about governance practices at the bank.
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