Shayne Elliott
ANZ boss pledges action over inflated bonds allegations
ANZ boss Shayne Elliott says allegations that the bank overstated the value of government bonds it traded by more than $50 billion will be treated with “utmost seriousness”.
- by Millie Muroi
Latest
Updated
Mergers & acquisitions
Treasurer gives the tick to $4.9b ANZ-Suncorp deal
The transaction is the biggest banking deal in Australia since Westpac bought St George in 2008.
- by Clancy Yeates
Updated
Earnings season
ANZ boss warns of widening financial stress as profits slide 7 per cent
ANZ chief executive Shayne Elliott said there were “very real stresses” in the economy, but that much of it was outside the banking system.
- by Millie Muroi
Opinion
Mergers & acquisitions
The competition decision that snookered the treasurer
It’s a sticky decision for Treasurer Jim Chalmers given his government has been waging a war on the dominant players in concentrated industries.
- by Elizabeth Knight
Updated
Mergers & acquisitions
ANZ wins green light for $4.9b Suncorp bank takeover on appeal
The Australian Competition Tribunal has overturned the competition watchdog’s decision not to allow ANZ’s proposed acquisition of Suncorp’s banking arm.
- by Millie Muroi
ANZ boss warns of tough economic year ahead, more customers to face financial difficulty
Shayne Elliott signalled the bank would remain “competitive but not market-leading” in its mortgage pricing as it looks to grow home loans profitably amid high inflation and interest rates.
- by Millie Muroi
Opinion
Big four
Bank bosses cut loose in a war of words
Now that all the major banks have reported their 2023 profits, the conventional notion that Australia’s big four lenders act as a herd is being challenged.
- by Elizabeth Knight
Opinion
Investing
Why Shayne Elliott’s future hinges on the ANZ-Suncorp deal
The competition regulator has been criticised for blocking ANZ’s bid to acquire Suncorp bank. But why are no hard questions being asked of ANZ’s chief executive, Shayne Elliott?
- by Anne Hyland
Australian banks amp up tech talent wars in India
The big four banks are expanding their back office footprint in India, citing a shortage of necessary technology talent in Australia.
- by Clancy Yeates
ANZ boss eyes institutional bank investment
ANZ is keen to invest more capital into the part of the bank that services big corporations, a sector that’s benefiting from volatility.
- by Clancy Yeates
‘We want to grow’: India’s wealth is exploding and ANZ wants a piece of the action
Business hopes for the Indian economy haven’t always paid off, but ANZ Bank’s top brass are convinced this time is different.
- by Clancy Yeates