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Showing 41 - 50 of 406 results for "ANZ Bank"

CBA cops $25 million for BBSW rigging

KANIKA SOOD  |  WEDNESDAY, 9 MAY 2018
... have adversely impacted the efficiency and integrity of financial markets as alleged, or at all," it said at the time. ANZ Bank has also come under fire for BBSW manipulation. It struck a confidential and in-principle agreement with ASIC in October last ...

Prime Access bungle costs ANZ $50 million

KANIKA SOOD  |  FRIDAY, 6 APR 2018
ANZ bank has entered an enforceable agreement with ASIC and has footed a $50 million compensation bill as it puts the lid on its Prime Access compliance bungle. Back in 2015, an investigation by the corporate regulator revealed the bank had failed to ...

ANZ attempts sale to Chinese conglomerate, blocked by NZ regulator

ALEX BURKE  |  THURSDAY, 21 DEC 2017
... Overseas Investment Office. HNA Group has been in talks to purchase UDC Finance, an asset financing firm acquired by ANZ Bank New Zealand in 1980. ANZ said the transaction proceeds would have equated to roughly 10 basis points of APRA CET1 capital. ANZ ...

Former NZ Prime Minister joins bank board

KARREN VERGARA  |  WEDNESDAY, 18 OCT 2017
ANZ Bank New Zealand appointed the country's former Prime Minister as chair. Sir John Key replaces John Judge, who will retire as chair in January next year, a position he's held since 2012. Judge joined the board in December 2008 as an independent ...

Chief executive departs LGS

EMMA RAPAPORT  |  MONDAY, 3 APR 2017
... was ranked second best in the world in protecting members from the adverse effects of climate change, and later dumped ANZ Bank and Commonwealth Bank shares from one of its responsible investment options, citing concerns about corporate conduct.

ANZ unloads UDC Finance

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JAN 2017
... it has entered a NZ$660 million agreement with HNA Group to sell the asset finance firm - a wholly owned subsidiary of ANZ Bank New Zealand. Commenting on the sale, ANZ New Zealand chief executive David Hisco said: "The sale of UDC is consistent with ...

CBA director retires

JAMIE WILLIAMSON  |  WEDNESDAY, 9 NOV 2016
... much for his contribution to the bank and wish him well for the future." Anderson was chief executive and director of ANZ Bank New Zealand (then ANZ National Bank) from 2003 to 2005, and is a former chief executive of the National Bank of New Zealand. ...

Praemium chair to retire, intended successor revealed

KERRIE SYDEE  |  TUESDAY, 27 SEP 2016
... wealth of financial services experience to the board, having previously held a number of senior executive positions with ANZ Bank, AMP and Superpartners. Currently he is a non-executive director of Bank Australia, Yarra Valley Water, Bottlecycler Australia ...

ANZ nine-month cash profit down

KERRIE SYDEE  |  TUESDAY, 9 AUG 2016
ANZ Bank's third quarter cash profit for the financial year was down 3% to $5.2 billion as bad debt continues to claw at profits. The group highlighted an increase of 5% in profit before provisions, with income increasing at a quicker rate than expenses. ...

Executive reshuffle at KPMG

DARREN SNYDER  |  TUESDAY, 19 JUL 2016
... and executive general manager for customer services at Service Stream. He has also held various executive IT roles at ANZ Bank, Telstra, Rio Tinto and Sensis. Craig is an advisory board member of the CIO Executive Council Australia/New Zealand. Chief ...