ANZ Bank
ASX:ANZ
ANZ and Macquarie provided little new on bank earnings but all eyes will be on Commonwealth Bank for any slips in its high-wire act.
Westpac and ANZ are taking a novel approach to solving internal problems they can't fix themselves.
In just over a decade, payments fintechs have built a 25% market share in the big bank-dominated merchant payment processing sector, an opaque but crucial business.
The major banks have too much capital and not enough to do with it. They already started buying back shares, and in 2024 the market is expecting more.
The new year promises reprieve for margin-crunched bank investors — at least if the ASX bank index can be believed. But not everyone thinks it can.
Bendigo Bank argued in court last year that smaller banks cannot compete effectively with the big four. Newer challengers like Judo Bank and Alex see things differently.
Intense competition for mortgages and deposits crunched big bank margins in the second half of 2023 but investors are happier now as competition backs off.
Some experts believe generative AI could have a bigger impact on the banking industry than the internet. And that might be underselling the impact.
If there was substantial data on market power, merger benefits or competition in the ANZ-Suncorp merger hearings it was either redacted or heard behind closed doors.
Hearings in a competition review of ANZ's play for Suncorp Bank have ended today much how they started, with debates of uncertainty and in the weeds of semantics.
In the Federal Court on Thursday the competition regulator got its chance to defend its earlier decision to block ANZ's acquisition of Suncorp Bank.
The competition regulator says a merged ANZ-Suncorp would be 3.5x the size of its nearest rival outside the Big Four — Macquarie Bank.
Can smaller banks effectively compete in the home loan market with Australia's big four? According to one of the most prominent smaller lenders, the answer is no.
Bendigo & Adelaide Bank began its campaign for a merger with Suncorp Group's banking business in earnest in Australian Competition Tribunal hearings on Friday.
New research finds a disconnect between how loan books and equity markets are judging the risks of climate change.
Day two of the big four bank's appeal of its rejected Suncorp Bank deal was all about market definitions. And fried chicken.
Major bank partnerships, raisings and actual profits signal there's some optimism in fintech, but capital and startups are in short supply.
Hearings in the second biggest merger battle in town got underway today, with lawyers for ANZ making the case that the rejection of its Suncorp Bank acquisition should be overturned.
Bendigo & Adelaide Bank has reaffirmed its desire to buy Suncorp Group’s banking business, confirming in a submission to the Australian Competition Tribunal it should be considered a “counterfactual” alternative acquirer to ANZ.
The market for bank stocks has settled as investors and analysts finish digesting the fine print of their results. And they're not expecting a rewarding 2024.
Blown-out and failed major tech projects in the finance sector have a history of shareholder value destruction, dating back decades. Now a new wave has started — including at ANZ, Westpac and the ASX.
The banks have too much capital and not enough to do with it. The sector is clearly ex-growth and went downhill into the second half. So where now?
When you process mortgages and your name is a homonym of TikTok, confusion is inevitable. So Tic:Toc - not TikTok - is now Tiimely.
Several banks have expressed concerns that critical competitive material including board papers and commercial decisions will be available to rivals as a result of ANZ's Suncorp Bank appeal.
ANZ's Shayne Elliott says the big four bank delivered its "best ever" profit. Investors disagreed, and one analyst said the lender is underperforming its peers.
Once notorious for surprising and messy results, NAB now delivers pretty much exactly what investors expect. It's the economy that's the issue.
Australian payments lag leading markets globally. French payments giant Worldline says there are opportunities to rationalise and to scale.
Five years on, the New Payments Platform is gaining momentum with the RBA pushing, fintechs innovating and legacy systems disappearing. But is it delivering?
For the financial mainstream, crypto is a parallel universe. But they see massive opportunity in bringing blockchain and tokenisation to real world markets.
