Shayne Elliott
ANZ fires, suspends traders amid alleged dealing misconduct
ANZ chief Shayne Elliott said the bank’s board is probing the alleged misconduct and would “ensure consequences will be applied to senior executives, both past and present, including myself, where appropriate”.
- by Harry Brumpton
Latest
Exclusive
Big four
The big four bank boss who says there’s more room for risk
ANZ boss Shayne Elliott has been grappling with several challenges at the bank. But one societal issue he has his eye on is taking a disproportionate toll on younger generations.
- by Millie Muroi
ANZ boss pledges action over inflated bonds allegations
ANZ boss Shayne Elliott says allegations that the bank overstated the value of government bonds it traded by more than $50 billion will be treated with “utmost seriousness”.
- by Millie Muroi
Updated
Mergers & acquisitions
Treasurer gives the tick to $4.9b ANZ-Suncorp deal
The transaction is the biggest banking deal in Australia since Westpac bought St George in 2008.
- by Clancy Yeates
Updated
Earnings season
ANZ boss warns of widening financial stress as profits slide 7 per cent
ANZ chief executive Shayne Elliott said there were “very real stresses” in the economy, but that much of it was outside the banking system.
- by Millie Muroi
Opinion
Mergers & acquisitions
The competition decision that snookered the treasurer
It’s a sticky decision for Treasurer Jim Chalmers given his government has been waging a war on the dominant players in concentrated industries.
- by Elizabeth Knight
Updated
Mergers & acquisitions
ANZ wins green light for $4.9b Suncorp bank takeover on appeal
The Australian Competition Tribunal has overturned the competition watchdog’s decision not to allow ANZ’s proposed acquisition of Suncorp’s banking arm.
- by Millie Muroi
ANZ boss warns of tough economic year ahead, more customers to face financial difficulty
Shayne Elliott signalled the bank would remain “competitive but not market-leading” in its mortgage pricing as it looks to grow home loans profitably amid high inflation and interest rates.
- by Millie Muroi
Opinion
Big four
Bank bosses cut loose in a war of words
Now that all the major banks have reported their 2023 profits, the conventional notion that Australia’s big four lenders act as a herd is being challenged.
- by Elizabeth Knight
Opinion
Investing
Why Shayne Elliott’s future hinges on the ANZ-Suncorp deal
The competition regulator has been criticised for blocking ANZ’s bid to acquire Suncorp bank. But why are no hard questions being asked of ANZ’s chief executive, Shayne Elliott?
- by Anne Hyland
Australian banks amp up tech talent wars in India
The big four banks are expanding their back office footprint in India, citing a shortage of necessary technology talent in Australia.
- by Clancy Yeates