ANZ's outgoing CEO to forfeit 2024 long-term variable remuneration

ANZ Group's CEO Shayne Elliott will not receive 2024 long-term variable remuneration due to significant shareholder opposition at the annual general meeting.

Factbox-Scandals that rocked corporate Australia in 2024

ANZ taps HSBC's Nuno Matos as new CEO, shares fall

Nuno Matos will become CEO of ANZ Group Holdings, succeeding Shayne Elliott, effective July 3, 2025, as the bank focuses on digital transformation and enhancing customer experience.

Australian lender ANZ names former HSBC wealth chief Nuno Matos as new CEO

Top Aussie banks join hands to combat fraud and scam in banking payments

Australia nears deal with ANZ to stop bank closures in the Pacific

Australia is finalizing a deal with ANZ to retain its banks in the Pacific, amid a backdrop of increasing Chinese influence and reduced access to banking services.

Australian lender ANZ's annual profit shrinks as late repayments rise

ANZ's annual profit dropped 8% due to competition and rising late loan repayments, highlighting stress on banks and borrowers. Interest rate cuts in Australia expected by February 2025.

Australian lender ANZ launches structural overhaul amid regulatory woes

ANZ Group announced a major overhaul to streamline operations and enhance data analytics amid regulatory scrutiny, planning to consolidate and improve accountability by March 2025.

ANZ Group flags around $130 million profit hit from Suncorp deal

ANZ Group will face a A$196 million profit decrease in H2 2024 from the Suncorp banking business acquisition, impacting its capital levels and expected report date.

ANZ to pay $68 million to settle two class actions

ANZ to pay A$99 million to settle two class actions: A$85 million for car loans and A$14 million for superannuation fees, without admitting liability.