Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 82 results for "Shayne Elliot"

ANZ chief says remediation is "distracting"

KARREN VERGARA  |  FRIDAY, 12 OCT 2018
ANZ chief executive Shayne Elliott has admitted to a parliamentary inquiry that the bank saw its remediation programs as a "distraction" and at one point took up to 15 years to compensate some customers. This morning, Elliott told the House of Representatives ...

AMP, banks respond to RC interim report

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... face the statement of 'profits before people', but this is exactly what we need to confront." ANZ chief executive Shayne Elliot said the report marked a "critical moment" for the financial services industry, the bank, and its people. "We accept responsibility ...

ABA appoints deputy chair

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
The Australian Banking Association has appointed Suncorp's chief executive as its new deputy chair. David Carter is taking the role from Bendigo and Adelaide Bank managing director Mike Hirst, who announced his retirement from the bank in March. "The ...

ANZ appoints two senior executives

KANIKA SOOD  |  THURSDAY, 10 MAY 2018
ANZ has chosen the top executive from its wealth division to serve as the bank's deputy chief executive. It is one of two senior appointments announced yesterday. Both positions became open after ANZ's deputy chief executive Graham Hodges announced ...

ANZ culls sales incentives for planners

KANIKA SOOD  |  MONDAY, 7 MAY 2018
ANZ will no longer factor in sales incentives while calculating bonuses for its financial planners and boot them out if they fail an audit twice, the bank announced today. As ANZ attempts to revive its advice business after Royal Commission hearings ...

Banking veteran retires

KARREN VERGARA  |  THURSDAY, 12 APR 2018
ANZ's deputy chief executive officer Graham Hodges will retire in May after a 27-year career with the bank. Hodges has held a range of senior executive roles since joining ANZ in 1991, including chief executive of ANZ New Zealand, group managing director ...

ANZ considering IPO for subsidiary

KANIKA SOOD  |  TUESDAY, 20 MAR 2018
ANZ is looking at an initial public offering for a New Zealand subsidiary, after an attempt to sell it to a Chinese buyer was blocked last year. The bank was set to sell UDC Finance to Chinese behemoth HNA Group for NZ$660 million when the NZ regulator ...

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 ...

ANZ Wealth drags group's earnings

KARREN VERGARA  |  THURSDAY, 26 OCT 2017
... up 18% on the prior year. It will pay a final fully franked dividend of 80 cents per share. ANZ chief executive Shayne Elliot said the results demonstrate further progress in becoming a better, balanced, capitalised and more efficient bank, but concedes ...

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 ...