ANZ in more strife: watchdog probes ‘fee theft’ from dead people
ANZ is again in the corporate regulator’s sights – this time over allegations it incorrectly slugged dead customers’ accounts with fees and failed to fix glaring system deficiencies.
ANZ is again in the corporate regulator’s sights – this time over allegations it incorrectly slugged dead customers’ accounts with fees and failed to fix glaring system deficiencies.
An expected spate of executive changes at Westpac are set to occur after the bank’s CFO announced his plans to leave.
Is the huge drive by many of the nation’s industry superannuation funds to bring investment management of shares and other assets in-house working for members?
The impending tightening of the ACCC’s merger approval regime will trigger the fast-tracking of deal announcements in 2025, says Rothschild & Co Australia.
Resolution Life founder Sir Clive Cowdery has lashed out at Australian policymakers for creating a ‘very constrained’ life insurance sector.
The MLC brand of life insurance in Australia will disappear after 130 years and a new one with almost two million customers will enter the local market as Japanese players chase profitable sectors.
Westpac’s chief audit executive has flagged his plan to exit the key role, just as the bank ramps up a key technology project and defends a Federal Court case brought by a senior staff member.
When celebrating the bank’s 50th anniversary of operating in Singapore in October, outgoing CEO Shayne Elliott quipped that he was proud to be part of ANZ, ‘warts and all’.
He’s mad about sports but when it comes to the high-octane world of banking incoming ANZ CEO Nuno Matos is described as a keen adopter of technology and ‘very focused’.
Anthony Miller officially takes on the Westpac CEO role next week, which is likely to usher in a period of executive changes, including the expected departure of CFO Michael Rowland.
Original URL: https://www.theaustralian.com.au/author/joyce-moullakis/page/3