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ANZ Bank

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

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.

  • by Sumeyya Ilanbey

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Savings keeping borrowers afloat with no RBA relief in sight: ANZ boss

Savings keeping borrowers afloat with no RBA relief in sight: ANZ boss

ANZ CEO Shayne Elliot says the Reserve Bank of Australia would likely begin cutting the cash rate “later rather than earlier.”

  • by Sumeyya Ilanbey
Banks tipped to rake in $30b as most borrowers weather interest rate storm

Banks tipped to rake in $30b as most borrowers weather interest rate storm

Customers who continued paying off home loans despite cost-of-living pressures are expected to support the profits of the majors, to be revealed this week.

  • by Sumeyya Ilanbey
The ASEAN opportunity: Can Australia finally crack the code?

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.

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

‘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.

  • by Sumeyya Ilanbey
ANZ board should reflect on Federal Court decision the bank breached laws, corporate regulator says
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Big four

ANZ board should reflect on Federal Court decision the bank breached laws, corporate regulator says

The bank failed to overturn last year’s Federal Court judgement on a capital raising from almost a decade ago that was the subject of a criminal cartel case.

  • by Sumeyya Ilanbey
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Hoping for the RBA to cut interest rates? Here’s what the big four banks are saying

Hoping for the RBA to cut interest rates? Here’s what the big four banks are saying

While markets are expecting at least one rate cut before the end of the year, RBA governor Michele Bullock and most of the big four banks disagree.

  • by Millie Muroi
ANZ traders exited over intoxication, profane language: Shayne Elliott

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.

  • by Sumeyya Ilanbey
ANZ hit with extra $250 million capital charge over poor culture concerns

ANZ hit with extra $250 million capital charge over poor culture concerns

The Australian Prudential Regulation Authority has expressed it has heightened concerns about ANZ’s corporate governance stemming from the bank’s bonds trading scandal, and demanded the bank holds an extra $250 million in capital until it cleans up its cultural problems.

  • by Sumeyya Ilanbey
‘Unreasonable’: ANZ staffer loses bid to work from home permanently

‘Unreasonable’: ANZ staffer loses bid to work from home permanently

Employee’s plea to permanently work from home because she feared contracting coronavirus has been rejected by the Fair Work Commission.

  • by Sumeyya Ilanbey
Banks make sneaky cash grab as deposit rates trimmed

Banks make sneaky cash grab as deposit rates trimmed

Some would call it a margin-plumping exercise – the banks prefer to think of it as margin protection. Either way, it’s good for bank profitability.

  • by Elizabeth Knight

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