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Showing 11 - 20 of 39 results for "ANZ Group 29.9 %"

ANZ changes advice model, cuts Prime Access

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2019
The big four bank announced it will change the way it provides ongoing financial advice to customers via ANZ Financial Planning. As of today, the Prime Access financial advice service will no longer be offered to new customers and will be phased out ...

ASIC commences civil action against ANZ

KARREN VERGARA  |  MONDAY, 17 SEP 2018
ASIC has commenced civil penalty proceedings against ANZ for its involvement in an alleged criminal cartel relating to a $2.5 billion institutional share placement in August 2015. ASIC alleged ANZ failed to notify the ASX that $791 million of the $2.5 ...

CBA, ANZ told to clean up superannuation distribution

KANIKA SOOD  |  FRIDAY, 6 JUL 2018
An ASIC investigation alleges Commonwealth Bank and ANZ branches offered superannuation products to customers at the end of general fact-finding processes, which the customers may have mistaken as "personal" advice rather than "general" advice. Commonwealth ...

Charges laid in ANZ criminal cartel conduct case

KANIKA SOOD  |  TUESDAY, 5 JUN 2018
Six senior executives from ANZ, Deutsche Bank and Citigroup will face a Sydney Court next month after the Commonwealth Director of Public Prosecutions (CDPP) laid charges against the cohort today. Executives facing criminal conduct charges have been ...

ANZ, Deutsche and Citigroup under investigation for alleged cartel conduct

KANIKA SOOD  |  FRIDAY, 1 JUN 2018
ANZ is being investigated for alleged criminal cartel conduct during an August 2015 institutional share placement, the bank and the Australian Competition and Consumer Commission (ACCC) confirmed this morning. The ACCC said it expects the Commonwealth ...

ANZ sells life insurance business for $2.85 billion

ALEX BURKE  |  TUESDAY, 12 DEC 2017
ANZ has sold its life insurance business for $2.85 billion in a move that will make the purchaser Australia's largest retail life insurer. Completing what the bank described as a "simplification" of its wealth division, ANZ sold the business to Zurich. ...

ANZ hires Silicon Valley consultant for innovation

JAMIE WILLIAMSON  |  WEDNESDAY, 8 NOV 2017
ANZ has recruited a former Macquarie Group US head of technology investment banking for a lead innovation role. Taking on the role of managing director, new business, emerging technology and ventures, Ron Spector will be responsible for developing potential ...

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 ...

Big four ditch ATM withdrawal fees

ALEX BURKE  |  MONDAY, 25 SEP 2017
ANZ, CBA, NAB and Westpac have collectively abolished ATM withdrawal fees for non-customers. In a statement, ANZ said that non-customers will no longer be charged $2 to withdraw from ANZ-branded ATMs. ANZ group executive Fred Ohlsson acknowledged that ...

ANZ sells off retail Vietnam business

ALEX BURKE  |  MONDAY, 24 APR 2017
ANZ entered into an agreement to sell its Vietnamese retail business to an NYSE-listed South Korean group. Shinhan Bank Vietnam, owned by Shinhan Financial Group, will become the new owner of ANZ's retail presence while the latter focuses on its institutional ...