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Shayne Elliott

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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

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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
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
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 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
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ANZ Bank’s group executive in charge of Australian retail, Maile Carnegie.

Can ANZ’s $2.5 billion tech bet close the gap on rivals?

Maile Carnegie is trying to transform the bank’s technology, and oversee the movement of millions of customers to a new platform. It’s a mammoth undertaking.

  • Sumeyya Ilanbey
Prime Minister Anthony Albanese arrived in Laos on Wednesday for the ASEAN summit.

The ASEAN opportunity: Can Australia finally crack the code?

Australia’s business presence in our neighbourhood has been lacklustre. The federal government wants to change that.

  • Sumeyya Ilanbey
ANZ executive Mark Whelan.

‘Not happy with us’: ANZ scrambles to get its house in order amid scandals

ANZ has been battling to contain the fallout from a suite of scandals in the bank’s institutional division over the past few months.

  • Sumeyya Ilanbey
ANZ chief executive at a parliamentary inquiry on Friday.

ANZ traders exited over intoxication, profane language: Shayne Elliott

Three ANZ traders left the bank after an internal investigation found they used profane language in the Sydney dealing room.

  • Sumeyya Ilanbey

Original URL: https://www.theage.com.au/topic/shayne-elliott-5d3