Australia and New Zealand Banking Group

ANZ’s CEO Matos says ‘action needed’ as profit misses estimates

ANZ employs around 42,000 people, including some 10,800 who work in its retail division, according to the company’s most recent annual report.  

ANZ mulls up to 5,000 job cuts in bank revamp: report

ANZ, Australia’s fourth-largest bank in terms of market value, reported a growth of A$19 billion (S$15.9 billion) in customer deposits in the third quarter.

ANZ reports third-quarter rise in deposits, loans

Intense competition to sell cheaper home loans to customers hurt by higher interest rates and living costs has been pressuring the Melbourne-based lender’s margin.

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

In a move underscoring persistent regulatory concerns about ANZ’s risk management practices, the Australian Prudential Regulation Authority had previously mandated a A$500 million operational risk capital add-on for the bank in 2019.

Australian regulator increases capital add-on requirement for ANZ to A$750 million

Profit for ANZ's retail division, one of the biggest profit generators for the bank, plunged 25 per cent during the first half to A$794 million as high-interest rates and a competitive home loan market weighed it down.

ANZ announces A$2 billion buyback despite lower cash earnings

ANZ’s new operation will mainly focus on serving the bank’s global clients to raise dollar funds given it’s located in the Gift special economic zone.

ANZ aims to open operation at India’s Gift special economic zone

“Right now there is still an enormous demand for our services in mainland China,” ANZ CEO Shayne Elliott says.

ANZ CEO looks for India, China growth as customer focus shifts

ANZ’s shareholding in AmBank will reduce to 5.2 per cent from 21.7 per cent once the sale is completed on Mar 8.

Australia’s ANZ sells 16.5% interest in Malaysian lender AmBank for RM2.1 billion