New NAB boss raises the bar
In her first interview as head of NAB’s corporate and institutional bank, Cathryn Carver talks culture, customers and growing the business.
In her first interview as head of NAB’s corporate and institutional bank, Cathryn Carver talks culture, customers and growing the business.
ANZ’s investor relations team is going ahead with a shareholder survey of perceptions of the bank which is expected to spur a raft responses about its handling of the bond trading scandal.
The local sharemarket ends slightly in the red, as investors ditch property, mining and energy stocks. RBA ‘won’t hesitate’ to life rates if necessary, Bullock says. ACCC can appeal CFMEU/Hutchinson court decision.
ANZ has a new top man in Queensland following its recently completed $4.9bn acquisition of Suncorp Bank.
A freedom of information request shows ASIC and the AOFM saw ‘warning signs’ with a $14bn bond placement by ANZ months before launching a formal investigation in October 2023.
A trader who tried to raise the alarm about inflated turnover data and other conduct in ANZ’s markets division has been granted whistleblower status.
APRA will be monitoring the bank board’s actions as ASIC investigates potential market manipulation, with CEO Shayne Elliott and institutional boss Mark Whelan facing a big bonus hit.
Hot on the heels of Queensland halting business with ANZ, now the SA government has demanded certainty from the scandal-engulfed bank over trades in the state’s debt.
Queensland has pulled ANZ from its bond deals, while other state governments are closely reviewing its involvement, as the market braces for the bank’s trading scandal to spread.
After a turbulent season, the Queensland Firebirds have announced a new head coach who hopes to lead them ‘back to the top’.
The corporate regulator will be ‘outgunned’ on its high-stakes investigation into ANZ’s bond trading scandal, a legal expert has warned.
ANZ is grappling with a three-part crisis which could stretch into next year as it faces a probe led by a corporate cop desperate to shed a perception that it’s weak.
Beyond the bond-trading desk, if financial regulator ASIC uncovers more problems within ANZ then chief executive Shayne Elliott could find himself on shaky ground.
Multiple investigations into ANZ’s trading division have likely pushed out the bank’s succession plans for long-serving CEO Shayne Elliott, fund managers say.
ANZ boss Shayne Elliott has been plunged into crisis over a trading scandal that is threatening to cause substantial reputational damage to the big four bank.
Senate committee to grill PwC CEO Kevin Burrowes, former bosses again. Commodities sink despite China rate cut. Fortescue misses guidance. ANZ suspends, sacks staff as market manipulation probe continues. Macquarie’s flat first quarter.
The corporate regulator was demanding detailed information on government bond transactions involving ANZ in January this year, as it sought to unravel a contentious $14bn bond placement.
The board of the big four bank says it is ‘acutely focused’ on the trading scandal and conduct matters.
No, the Olympics haven’t started just yet, but investors around the world are going for the yellow metal, either as a hedge or an outright win.
An investigation by the corporate regulator into alleged market manipulation at ANZ may accelerate chief Shayne Elliott’s departure.
Original URL: https://www.theaustralian.com.au/topics/anz-bank/page/6