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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. ...
Financial planning
The bank will also pay shareholders an interim dividend of 25 cents per share, fully franked, on 30 September....
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...
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....
People & Products
Former ANZ chief financial officer, wealth, Michael Rowland has been appointed as Westpac CFO, commencing later in the year....
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...
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 ...
Financial planning
Australia’s Big Four banks have been rated on their COVID-19 responses by consumer advocate Choice, with ANZ performing the worst. ...
Superannuation
Big, highly-exposed superannuation funds continue to make the bulk of hardship, early release superannuation payments....
Financial planning
ANZ has announced the sale of its New Zealand asset finance business, UDC Finance, for NZ$762 million to Shinsei Bank. ...
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 ...
Funds management
ANZ has reported a 51% decline in first half net profit to $1.55 billion with no decision on an interim dividend....
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...
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...
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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MARKET INSIGHTS
Podcast
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...