Australia and New Zealand Banking Group
ANZ’s CEO Matos says ‘action needed’ as profit misses estimates
ANZ’S profit missed expectations as chief executive officer Nuno Matos reiterated that action is needed to turn around the lender.
ANZ flags A$1.1 billion second-half profit hit from restructuring, compliance costs
The lender will report second-half results on Nov 10
ANZ mulls up to 5,000 job cuts in bank revamp: report
ANZ Group is mulling a reduction in headcount by as many as 5,000 people as part of a wider restructure under chief executive officer Nuno Matos, according to a report by Capital Brief.
ANZ reports third-quarter rise in deposits, loans
AUSTRALIA’S ANZ Group said on Friday its customer deposits and net loans and advances rose in the third quarter, while credit risk-weighted assets edged higher due to growth in home lending at its dom...
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.
Australian regulator increases capital add-on requirement for ANZ to A$750 million
AUSTRALIAN prudential regulator on Friday (Aug 23) said it has increased the capital add-on requirement for lender ANZ Group to A$750 million (S$658.5 million), reflecting escalating worries about the...
ANZ announces A$2 billion buyback despite lower cash earnings
ANZ Group announced a new A$2 billion (S$1.8 billion) share buyback on Tuesday despite reporting a 7 per cent slump in first-half cash earnings due to intense competition in Australia’s mortgage lendi...
ANZ aims to open operation at India’s Gift special economic zone
ANZ Group Holdings is seeking to open an operation in India’s Gift International Financial Services Centre, according to people familiar with the matter.
ANZ CEO looks for India, China growth as customer focus shifts
ANZ Group Holdings chief executive officer Shayne Elliott aims to grow the firm’s presence in India and Vietnam as well as in China as his clients require the bank’s services in an increasing number o...
Australia’s ANZ sells 16.5% interest in Malaysian lender AmBank for RM2.1 billion
AUSTRALIA’S fourth-biggest bank ANZ Group said on Wednesday (Mar 6) it had agreed to sell around 546 million shares, or 16.5 per cent interest, in Malaysian lender AMMB Holdings (AmBank) for about RM2...
