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Showing 31 - 40 of 69 results for "Mike Smith"

Bank dividends under threat

MARK SMITH  |  TUESDAY, 30 OCT 2012
... hitting again which would be a major risk to stock market performance." His comments echo those of ANZ chief executive Mike Smith who warned at last week's annual result announcement that a soft economy could lead to a rise in bad debts. Selth said that ...

ANZ to chase more China assets

MARK SMITH  |  FRIDAY, 26 OCT 2012
ANZ chief executive Mike Smith was upbeat about the bank's record $6 billion profit at yesterday's annual result announcement and said the company would target further growth in Asia with acquisitions likely to follow. Smith described the 6% rise in ...

ANZ posts record profits

MARK SMITH  |  THURSDAY, 25 OCT 2012
... kicks off the banks' reporting season with NAB and Westpac's results due over the next couple of weeks. Chief executive Mike Smith said that China was now the bank's third largest market in terms of earnings. "Our super regional strategy, with its focus ...

CEO bonuses tumbled in 2011

LINDA HAUSKEN  |  TUESDAY, 18 SEP 2012
... Kloppers, had a statuary pay of $11,803,992 and a realised pay of $17,343,612. The second highest paid CEO in 2011 is Mike Smith at ANZ with a statuary pay of $10,038,896 and a realised pay of 1$14,748,956. Taking the third palace for the same period ...

Wealth down as ANZ posts $4.5bn profit

MELANIE TIMBRELL  |  FRIDAY, 17 AUG 2012
... funding and competitive pressures well, with Group margins stable relative to the end of the first half," said ANZ chief Mike Smith. "While the credit environment reflects the pressures in the broader economy there have been no developments which would ...

Market Wrap

AAP  |  FRIDAY, 18 MAY 2012
... June share price index futures contract was down 76 points at 4,084. In economic news on Friday, ANZ Chief executive Mike Smith will deliver a speech to a Trans Tasman Business lunch. The benchmark S&P/ASX200 index fell 8.1 points, or 0.19 per cent ...

Wealth down as ANZ records bumper profit

MELANIE TIMBRELL  |  WEDNESDAY, 2 MAY 2012
... "In Australia, we made market share gains and customer satisfaction remained strong," said chief executive officer Mike Smith. "Our financial performance however was subdued, significantly impacted by declining margins and the structural shift that's ...

ANZ reaches $1.48bn in three months

ELISE BURGESS  |  FRIDAY, 17 FEB 2012
... growth in E*Trade and funds under management growth with insurance claims experience also adverse for the quarter. Mike Smith, ANZ chief executive, said the results were solid but reflected the difficult trading environment. "Although our business in ...

ANZ profit climbs 19% to $5.36 billion

ELISE BURGESS  |  THURSDAY, 3 NOV 2011
... from the 7% increase in income despite a 28% decrease in global markets income in second half, said chief executive Mike Smith in a morning briefing about the results. Additionally, a 31% decline in ANZ's provision for bad debts to $1.24 billion helped ...

ANZ shows increased profit and deposit growth

ALISON BEVEGE  |  FRIDAY, 19 AUG 2011
... profits have grown and its deposit growth has exceeded its loan growth in a nine-monthly market update released today. Mike Smith, ANZ chief executive officer said the bank's global markets business had faced difficult conditions in the quarter with ...