ANZ

Funds management

Profitability at the big four banks is expected to remain under pressure for the next 18 months, according to ratings agency Fitch. ...

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Financial planning

The bank will also pay shareholders an interim dividend of 25 cents per share, fully franked, on 30 September....

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People & Products

Former ANZ private banking and advice head of research and governance, Amelia Kennedy, has been appointed by US-based global equities firm Wasatch Global Investors to lea...

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People & Products

Scott Collary has been appointed as chief operating officer of its new group operating office, while group executive Gary Thursby will leave the bank early next year....

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People & Products

Former ANZ chief financial officer, wealth, Michael Rowland has been appointed as Westpac CFO, commencing later in the year....

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Funds management

Commonwealth Bank and ANZ are “the worst” offenders with each lending to projects with emissions equivalent to nearly eight years of Australia’s total greenhouse gas emis...

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Funds management

As National Australia Bank group chief executive Ross McEwan warns banking will be less profitable in the short-term, which big four bank has recovered best in the three ...

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Financial planning

Australia’s Big Four banks have been rated on their COVID-19 responses by consumer advocate Choice, with ANZ performing the worst. ...

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Superannuation

Big, highly-exposed superannuation funds continue to make the bulk of hardship, early release superannuation payments....

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Financial planning

ANZ has announced the sale of its New Zealand asset finance business, UDC Finance, for NZ$762 million to Shinsei Bank. ...

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Features

Mike Taylor writes that timing is everything and that while Westpac and ANZ have largely cleared their books of their wealth management businesses, the Commonwealth Bank ...

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Funds management

ANZ has reported a 51% decline in first half net profit to $1.55 billion with no decision on an interim dividend....

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Financial planning

ANZ staff have filed complaints of unfair treatment with the union as the bank is demanding they take leave during the COVID-19 shutdown, despite banks being classified a...

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Funds management

Around 3.92 million Australians are either unemployed or under-employed as social distancing restrictions have largely shut-down customer-focused industries, according to...

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Financial planning

The likelihood that businesses won’t restart and customers won’t be able to start paying down their mortgages have been factors in ratings house Fitch downgrading Westpac...

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