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ANZ's Smith Backed on Bonus

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Byline: Andrew Burrell Dec 19, 2012 (The Australian - ABIX via COMTEX) -- ANZ Bank chairman John Morschel says the remuneration of CEO Mike Smith is "perfectly reasonable" for the head of a major bank. Smith received $A10.1m in pay and bonuses in 2011. Morschel defended a decision to grant Smith ... (Publication: Australasian Business Intelligence)

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