Search ResultsShowing 1 - 10 of 13 results for "Shayne Elliot"
More scrutiny for super fund, insurance firm chiefs
KARREN VERGARA  |  MONDAY, 5 AUG 2019
Top executives of superannuation funds and life insurance companies could soon face another inquiry that has traditionally put the blowtorch on the chiefs of the four major banks. The Coalition has asked that the House of Representatives Standing Committee ...
ANZ serious on cost cuts
ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
... executive said his plans for a streamlined bank should save the company roughly $1 billion by 2022. ANZ chief executive Shayne Elliot said: "We will continue to simplify and strengthen the bank, including exiting, shrinking and closing non-core businesses ...
ANZ boosts remediation team
HARRISON WORLEY  |  WEDNESDAY, 1 MAY 2019
... by more than 50%. Currently ANZ's remediation provisions stand at $698 million, and according to chief executive Shayne Elliot, the bank has no choice but to "get on with it." "What we recognise is if you stand back and think about the environment, we've ...
Institutions respond to Royal Commission, make commitments
HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... recommendations in the report will help us build on this progress," Westpac chief executive Brian Hartzer said. ANZ chief Shayne Elliot said the experience of the Royal Commission had been humbling, and said the bank accepted responsibility for its failings. ...
Social media reacts to final Royal Commission hearings
HARRISON WORLEY  |  FRIDAY, 30 NOV 2018
... 2018 Employment lawyer David Taylor said scrutiny needed to be applied on the banks, after ANZ chief executive Shayne Elliot said developing a culture of speaking up had been challenging.
ANZ hid reasons for executive pay cuts
KANIKA SOOD  |  THURSDAY, 29 NOV 2018
ANZ chief executive Shayne Elliott admitted the bank did not disclose to its shareholders or staff that three of its senior executives had their variable pay held back in FY18 on account of compliance issues. Elliot's own variable remuneration was ...
ANZ wealth flows decline
KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
... after tax charges have been recognised as refunds to customers and related remediation costs . Chief executive Shayne Elliot said ANZ has taken action to "fast-track fundamental changes" as a result of the Royal Commission. External legal costs relating ...
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 ...
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 ...
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