Culture
ANZ hit with second “strike” as shareholders dissent over pay report
AUSTRALIAN lender ANZ Group’s new CEO will forgo his short-term bonus this year, while a significant minority of shareholders opposed the…
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ANZ
Culture
ANZ flags A$1.1 billion second-half profit hit from restructuring, compliance costs
Australia’s ANZ warned on Friday that its earnings would take a hit of A$1.11 billion (S$937.5 million) after tax in the second half of…
Culture
ANZ bank plans to cut 3,500 employees within the next year
ANZ Group Holdings expects 3,500 employees to leave the bank by September 2026, the lender said on Tuesday (Sep 9). ANZ also plans to…
Culture
ANZ starts cutting jobs in institutional banking division
Precisely how many roles will be eliminated from the restructure remains unclear, and the bank has said that it will update investors on…
Culture
ANZ mulls up to 5,000 job cuts in bank revamp: report
Group is mulling a reduction in headcount by as many as 5,000 people as part of a wider restructure under chief executive officer Nuno…
Culture
ANZ bankers learn about job losses after e-mail error: report
The Melbourne-based bank is in the midst of a major restructure under new chief executive officer Nuno Matos Some ANZ Group Holdings…
Culture
ANZ reports third-quarter rise in deposits, loans
RALIA’S ANZ Group said on Friday its customer deposits and net loans and advances rose in the third quarter, while credit risk-weighted…