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Showing 1 - 10 of 76 results for "Shayne Elliot"

ANZ gets green light for Suncorp merger

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
ANZ has had a significant legal win on appeal, with its proposed $4.9 billion acquisition of Suncorp's banking arm given the go-ahead. The decision to authorise the takeover was handed down this morning by the Australian Competition Tribunal (ACT) ...

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
In its full-year 2023 results, ANZ declared a cash profit of $7.4 billion, up 14% on the previous year. The big four bank said its proposed final dividend for 2023 also increased to 94 cents per share (cps), consisting of an 81 cps dividend partially ...

ACCC slams door on ANZ, Suncorp deal

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
The Australian Consumer and Competition Commission (ACCC) has declined ANZ's $4.9 billion bid to acquire Suncorp Group's banking arm, citing concerns around competition and potential consumer detriment. The regulatory body said it remains unsatisfied ...

ANZ, Suncorp deal cops industry backlash

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
ANZ's proposed takeover of Suncorp's banking division has generated varying industry speculation. The Australian Competition and Consumer Commission (ACCC) has raised concerns around the deal and announced plans to commence a review of the acquisition ...

ANZ to purchase Suncorp Bank for $4.9bn

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
ANZ has agreed to acquire Suncorp's banking arm for $4.9 billion, calling it a vote of confidence in Queensland's future. To help fund the acquisition, ANZ it is raising $3.5 billion via a fully underwritten pro rata accelerated renounceable entitlement ...

ANZ adds former CFSGAM exec to board

KANIKA SOOD  |  THURSDAY, 5 AUG 2021
... contribution to ANZ and our shareholders," ANZ chair Paul O'Sullivan said. ANZ's board includes chief executive Shayne Elliot and seven independent non-executive directors: Paul O'Sullivan (who is also the chair), Ilana Atlas, Paula Dwyer, Jane Halton ...

ANZ profits up 45%, dividends double

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
ANZ posted statutory profit after tax in the first half to $2.9 billion, up 45% from 2H20. The bank announced a dividend of 70 cents per share, double of the previous half's dividend. ANZ said key drivers for the increase in its profits were net credit ...

ANZ posts 54% profit rise

ELIZA BAVIN  |  THURSDAY, 18 FEB 2021
ANZ posted a net profit after tax for the first quarter of $1.62 billion, up 54% on the average of the past two quarters. ANZ chief executive Shayne Elliott said it was a strong performance given the volatile trading conditions that highlights the benefits ...

Jablko exits ANZ

ANNABELLE DICKSON  |  TUESDAY, 22 DEC 2020
... director at Greenhill Australia and a managing director at UBS. Commenting on the departure, ANZ chief executive Shayne Elliot said the bank is disappointed that she is leaving but respects her decision and wishes her the best. "Michelle can be incredibly ...

ANZ sees profits plummet, plans to exit thermal coal

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
ANZ has felt the wrath of the pandemic, reporting a 42% loss on cash profit in its full year results as it tries to protect itself from future credit losses. It has also updated its climate policy, saying it will exit thermal coal by 2030. The bank's ...
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