Australia and New Zealand Banking Group (ASX:ANZ) today commented on the release of the Australian Securities & Investments Commission’s (ASIC) review into how large institutions oversee financial advisers. ANZ Group Executive Wealth Australia Alexis George said: We know we need to work harder to maintain the trust of our customers and we will continue to…
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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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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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