NewsBite

ANZ Bank

Advertisement
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

Latest

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
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
Advertisement
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
Leader of the opposition in the Senate and opposition foreign affairs spokesman Simon Birmingham.

Simon Birmingham’s post-politics job revealed as Christmas reshuffle looms

The former Liberal frontbencher has wasted no time in picking up a lucrative gig in the private sector.

  • Sumeyya Ilanbey and James Massola
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
ANZ has posted an 8 per cent fall in cash profits, below what had been expected by the market.

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.”

  • Sumeyya Ilanbey

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