The Australia and New Zealand Banking Group Limited (ANZ) today announced the appointment of Scott Manning as Chief Financial Officer, Australia reporting to Deputy Group Chief Financial Officer Shane Buggle. Mr Manning joins from JP Morgan where he has held senior finance and analyst roles for the past 15 years and is currently lead Analyst…
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The Australia and New Zealand Banking Group Limited (ANZ) today announced its full support for a new voluntary code that will ensure payments between businesses are made efficiently and on time. The Business Council of Australia announced the new Australian Supplier Payment Code this morning in a bid to help businesses manage cash flow and…
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ANZ today announced an update on variable home loan and business loan interest rates. Principal and interest owner-occupier home lending Variable interest rates for the 80% of owner-occupier borrowers who repay principal and interest on their standard variable home loan remain unchanged at 5.25%pa. Investor home lending The variable interest rate paid by property investors…
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CMC Markets will now become the second-largest stockbroker in Australia, Revenues to grow by A$40M.
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Commercial banking company Australia and New Zealand Banking Group Limited, commonly called ANZ (ASX:ANZ) announced an agreement to sell UDC Finance, the asset finance business of its wholly owned subsidiary ANZ Bank New Zealand, to HNA Group, a global company focused on tourism, logistics and financial services. The sale reflects a continued focus by ANZ…
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Commercial banking company Australia and New Zealand Banking Group Limited, commonly called ANZ (ASX:ANZ), today announced it had reached agreement to sell its 20% stake in Shanghai Rural Commercial Bank (SRCB) to China COSCO Shipping Corporation Limited and Shanghai SinoPoland Enterprise Management Development Corporation Limited. The agreement will see COSCO and Sino-Poland Enterprise each acquire…
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Commercial banking company Australia and New Zealand Banking Group Limited, commonly called ANZ (ASX:ANZ), today announced that having served almost ten years on the ANZ Board, Ian Macfarlane will retire as a Non-Executive Director at the conclusion of the 2016 Annual General Meeting being held today. Chairman of the Board, David Gonski commented: Ian has…
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Commercial banking company Australia and New Zealand Banking Group Limited, commonly called ANZ (ASX:ANZ), has announced it has reached an agreed settlement with the Australian Competition and Consumer Commission (ACCC) in relation to conduct associated with Non-Deliverable Forward FX contracts for the Malaysian Ringgit undertaken in Singapore during 2011. In a Statement of Agreed Facts…
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ANZ has announced that David Plank will join as Head of Australian Economics reporting to Richard Yetsenga, ANZ Chief Economist. Mr Plank joins ANZ from Deutsche Bank, where he held the positions of Head of Fixed Income and Credit Research Asia Pacific and Head of Macro Research and Strategy Australia & New Zealand. Prior to…
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Commercial banking company Australia and New Zealand Banking Group Limited, commonly called ANZ (ASX:ANZ), has announced the appointment of Gerard Florian as Group Executive Technology reporting to Chief Executive Officer Shayne Elliott. Florian joins ANZ from Dimension Data where he was Chief Strategy Officer for the global Cloud Business Unit. Over the past five years,…
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