This report provides a comprehensive analysis of the ethical considerations surrounding ANZ Bank's business practices, particularly focusing on the 'fee for no service' policy and the prevalence of a greed culture. It begins with an overview of ANZ Bank and the findings of the Royal Banking Commission, highlighting the unethical actions and their impact on stakeholders. The report then delves into the bank's operations through the lens of stakeholder theory, corporate governance, corporate social responsibility, and creating shared value. Furthermore, it analyzes the bank's actions using ethical frameworks like consequentialism, libertarianism, and Rawlsian justice. The findings reveal that ANZ Bank's actions were not only unethical but also detrimental to its long-term prospects. Finally, the report concludes with recommendations for the bank, including a focus on corporate social responsibility, increased transparency, and an improved work culture, all aimed at fostering ethical behavior and sustainable business practices.