The Business Times

ANZ Group

Banking & Finance

Australia’s ANZ halts buyback to save A$800 million for strategy overhaul

Nuno Matos is four months into his role leading Australia’s second-biggest bank by assets and is in the midst of a broad overhaul that includes some 3,500 job cuts.
Banking & Finance

ANZ to pay A$240 million fine on bond errors, retail mistakes

The job cuts are part of a revamp by chief executive officer Nuno Matos.
Global Enterprise

ANZ plans to cut 3,500 staff over next year on CEO revamp

ANZ’s institutional unit, run by Mark Whelan, has been in focus from the country’s financial watchdogs..
Banking & Finance

ANZ starts cutting jobs in institutional banking division

A number of senior executives have departed since Nuno Matos joined in May from HSBC Holdings.
Banking & Finance

ANZ bankers learn about job losses after e-mail error: report

ANZ Group said cash profit was A$3.57 billion (S$3 billion) for the six months ended March 31, compared with A$3.55 billion a year earlier and the Visible Alpha consensus estimate of A$3.54 billion.
Companies & Markets

ANZ’s H1 cash earnings largely flat, margins stay pressured

Outgoing ANZ CEO Shayne Elliott (pictured) is being replaced by former HSBC executive Nuno Matos in a bid to revive the firm’s battered reputation as it grapples with the fallout from a bond trading scandal that triggered regulatory investigations.
Banking & Finance

ANZ’s outgoing CEO to forfeit 2024 long-term variable remuneration

The former HSBC Holdings banker will take over the top job on Jul 3, 2025 and will also be appointed to the boards of ANZ as an executive director.
Banking & Finance

Ex-HSBC banker Nuno Matos to succeed Shayne Elliott as ANZ CEO

The deal would maintain ANZ’s nine hubs in the Pacific region, which include Fiji and the Cook Islands.
Banking & Finance

Australia nears deal with ANZ to stop bank closures in the Pacific

ANZ is also contending with an investigation by the nation’s securities regulator into the trading of government bonds.
Banking & Finance

ANZ profit drops as competition bites in home-lending market

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