Australia regulator accepts ANZ's undertaking, capital-add on to $628 million

Reuters

04/03

April 3 (Reuters) - Australia's prudential watchdog said on Thursday it had accepted a court enforceable undertaking from ANZ Group ANZ.AX to address the lender's non-financial management practices and increased its capital add-on to A$1 billion ($628.50 million) from A$750 million.

($1 = 1.5911 Australian dollars)

(Reporting by Aaditya Govind Rao in Bengaluru; Editing by Maju Samuel)

((Aaditya.GovindRao@thomsonreuters.com;))

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