ANZ’s chair and board are facing an AGM showdown, with proxy votes signalling a possible second strike and renewed scrutiny on fees, accountability and performance.
ANZ Bank
ASX:ANZ
As we barrel towards the the end of the year, this week's lively happenings — from an expenses scandal to a Big Law breakup — showed that 2025 has some life in it yet.
Anxious former ANZ employees were expecting to receive their final payments from the bank on Wednesday. They've been told they will have to wait another two weeks.
An executive behind more than $7 billion in social and affordable housing will part ways with ANZ, sparking concerns it could lose ground to its rivals in the rapidly growing area.
Today's stories on ANZ and Culture Amp show how the mood is shifting in the corporate world as companies pull back on purpose-led agendas.
Nuno Matos' reshaping of ANZ continues with the exit of climate chief Gerard Brown and looming ESG cuts, adding to unease across the bank’s ranks.
A 30-year veteran of ANZ and the bank’s most prominent climate face will depart under a series of changes being announced internally this week.
The big four banks are all in retreat, to varying degrees, from one of the riskiest corners of the property investing market. It could leave second-tier lenders to fill the void.
Banking regulator APRA is poised to reveal concerns about how some funds would perform in a crisis, and over the linkages between the super sector and the big four banks.
ANZ’s brutal self-assessment lays bare a culture long resistant to challenge, with CEO Nuno Matos now pushing a hard reset on risk, leadership and accountability.
CBA’s golden share price run has faltered while ANZ, after years in the wilderness, is showing early signs of revival under Nuno Matos’ ruthless reset.
The ANZ chief executive has firmly pushed back on his critics, arguing he has the right strategy in place – now he just needs to execute.
ANZ boss Nuno Matos faces the ghosts of the bank's past missteps as he slashes costs and works to rebuild growth after a bruising year.
ANZ boss Nuno Matos is "not playing games", as he made clear during a confident, cost-focused strategy update today. For now, it seems the market is buying it.
Ahead of the bank's strategy day, there was a big question mark over its tech platform ANZ Plus. But CEO Nuno Matos says the plan is "the right one".
Most big banks have been poaching talent from each other. ANZ has gone abroad.
The Nuno Matos turnaround story at ANZ is beginning to unfold. The question is whether investors will believe it.
The bank has pulled the plug on the venture arm it launched in 2019, and will fold its investments into a new structure amid a broader cost-cutting agenda.
New leaked documents reveal ANZ declined to fulfil funding requests for teams involved in ASIC compliance, a move that may deepen a rift between its risk functions and management.
ANZ has again hired the consultant that issued positive reports on its risk culture at the same time the bank was embroiled in the bond trading scandal.
ANZ's CEO and chairman have both affirmed their commitment to the bank's troubled consumer app, but behind the scenes sweeping changes have been made to the team that built it.
ASIC chair Joe Longo had one word for ANZ’s behaviour: grubby. Even with $240 million in penalties, it’s clear the regulator isn’t convinced the bank has learned its lesson.
ASIC has hit ANZ with a record $240 milion penalty over bond trading and retail missteps, as it pushes ahead with a restructure and 4,500 job cuts.
A stray Reddit post led Capital Brief to an ANZ scoop that grew much bigger. It's a reminder of how and where stories can snowball in today’s jittery job market.
Unfazed and rehearsed, new ANZ boss Nuno Matos faced tough questions in Sydney after the bank confirmed 3,500 permanent job cuts, a decision that has sparked backlash.