ANZ Group
ANZ Group cash profit jumps 17% as cost cuts take hold
The Australian bank said more than 60 per cent of the 3,500 job cuts it previously announced had taken place
ANZ to combine staff in single location in Singapore office move
The firm joins other banks in the city-state grappling with conflicting goals of trying to reduce office costs
ANZ hit with second ‘strike’ as shareholders dissent over pay report
Shareholders may call for another vote on whether to remove the entire board
Australia’s ANZ halts buyback to save A$800 million for strategy overhaul
The bank plans to cut broker reliance and write more direct home loans to lift lending revenue
ANZ to pay A$240 million fine on bond errors, retail mistakes
Asic and the bank will ask the Federal Court to impose the penalties in relation to four separate proceedings spanning misconduct across the bank’s institutional and retail divisions
ANZ plans to cut 3,500 staff over next year on CEO revamp
The bank is expected to incur a restructuring charge of about A$560 million before tax in the second half of this year
ANZ starts cutting jobs in institutional banking division
Precisely how many roles will be eliminated from the restructure remains unclear, and the bank has said that it will update investors on the process at a strategy day in October
ANZ bankers learn about job losses after e-mail error: report
The Melbourne-based bank is in the midst of a major restructure under new chief executive officer Nuno Matos
ANZ’s H1 cash earnings largely flat, margins stay pressured
AUSTRALIA’S ANZ Group reported largely flat first-half cash earnings on Thursday (May 8), as persistent competition in the home loan market and a rise in asset impairments offset lending growth.
ANZ’s outgoing CEO to forfeit 2024 long-term variable remuneration
THE CEO of Australian No. 4 bank ANZ Shayne Elliott gave up a long-term performance bonus worth A$3.2 million (S$2.7 million) due to shareholder backlash related to bond trading irregularities, which ...
