NewsBite

ANZ Bank

Advertisement
ANZ CEO Shayne Elliott (right) and chairman Paul O’Sullivan.

ANZ blasted for years-long governance failures, slapped with $1 billion capital charge

ANZ has been forced to do a widespread review into its entire organisation after the financial regulator flagged issues stemming from the bonds trading scandal “may be present in other parts of the bank”.

  • Sumeyya Ilanbey

Latest

APRA chairman John Lonsdale has put the boards of banks, insurers and superannuation funds on notice.

Ten years is enough: Regulator puts long-serving directors on notice

The APRA is set to call time on long-serving, incompetent and conflicted directors under a planned major shake-up of standards at banks, insurers and super funds.

  • Sumeyya Ilanbey
Making a call that bank shares will fall is a risky business.

Is this pop the sound of the bank share bubble bursting?

It feels like investors have finally woken up to the fact that bank share prices have been unfathomably overvalued for a year.

  • Elizabeth Knight
Last year, banks enjoyed a ‘safe haven’ status in the market which saw their share prices surge. But this trend could reverse with likely successive rate cuts in 2025.

Rate cuts are on the horizon. Will it spell gloom for big banks?

Banks upheld their “safe haven” status in the market last year, and share prices surged – but could rate cuts reverse this trend and make it tougher for banks in 2025?

  • Cindy Yin
Joe Longo said ASIC’s high-profile investigation into ANZ was one of the most complex investigations the regulator had undertaken.

‘Serious issues’: ANZ to learn its fate over governance scandal by mid-year

ASIC chair Joe Longo said the probe into allegations ANZ traders manipulated the bond rate was one of the most complex investigations the regulator had undertaken.

  • Sumeyya Ilanbey
Banks can detect suspicious transactions from information such as how frequently a user is touching their screen.

Banks are tracking your every click. It could save you thousands

As banks fight back against scammers, changes as minor as how you move a mouse on a computer screen can be a clue to a suspicious transaction.

  • Clancy Yeates
Advertisement
An interrogation of 65 different credit card providers reveals clawbacks of various benefits over the past decade.

Why big banks will have a target on their back next year

Australia’s banking sector is in rude health as far as the public is concerned and that could potentially land it in trouble in an election year.

  • Sumeyya Ilanbey
Shayne Elliott last month, as he presented ANZ’s full-year results to investors. He has been with the bank since 2009.

ANZ chief Shayne Elliott to forgo $3m bonus after investor revolt

Nearly 40 per cent of the company’s shareholders voted against ANZ’s executive pay scheme at the company’s AGM on Thursday.

  • Dominic Powell
ANZ Bank.

Activists keep pressure on big banks despite $10b cut in fossil fuel lending

An analysis of banks’ environmental, social and governance strategies comes as a deadline looms for businesses to provide climate transition plans to one bank or risk losing finance.

  • Sumeyya Ilanbey
ANZ chief executive Shayne Elliott will be replaced by Nuno Matos (right).

ANZ chief to step down, replacement named

ANZ chief executive Shayne Elliott will step down next year after nine years at the helm.

  • Sumeyya Ilanbey and Omer Ilanbey

Original URL: https://www.brisbanetimes.com.au/topic/anz-6m