Former ANZ CEO Shayne Elliott Withdraws Legal Case Over Bonuses

Former ANZ CEO Shayne Elliott has decided to withdraw his legal case against the bank concerning withheld bonuses. Bloomberg posted on X, highlighting that Elliott's decision marks the end of a dispute over financial compensation. The case involved claims related to bonuses that were allegedly not paid during his tenure. Elliott's withdrawal from the legal proceedings suggests a resolution or change in strategy regarding the matter. The details of the settlement or reasons for the withdrawal have not been disclosed.