ANZ

Management of the risk function is, or was, a mess within ANZ’s Global Markets business. Many risk managers actively participate in daily risk management activities, leading some Markets staff to perc.. read more

• Ian Rogers

Major banks have agreed to extend their moratorium on branch closures in regional areas for two and a half years, until mid-2027. read more

• Ian Rogers

ANZ are in a stew of their own making and APRA has tolerated inaction by ANZ for years. Belatedly, APRA is cracking down. read more

• Ian Rogers

The considered underinvestment by the four big banks in New Zealand in their core systems is one of the bedrocks of the oligopoly’s long-running dominance of the country’s banking sector, the New Zeal.. read more

• Banking Day staff

OUR CHEAPEST SUBSCRIPTION OFFER IN 20 YEARS read more

• Ian Rogers

Four of the six largest banks have refunded or will refund more than $28 million to low income customers following a collaborative ASIC review. read more

• Bernard Kellerman

The Banking Code Compliance Committee has sanctioned ANZ for not stopping or refunding fees for deceased estates, and for not responding to representatives of deceased estates within the required time.. read more

• Bernard Kellerman and Ian Rogers

The ANZ PR machine has forceful, via Bluenotes and national media, over the value the bank plans to deliver following the long-expected final approval – from the Treasurer, on Friday – for ANZ’s takeo.. read more

• Ian Rogers

Too little time is spent considering the unbelievable personnel costs line, which blows away any remaining claims to efficiency or productivity in banking read more

• Ian Rogers

A trial of regional banking hubs in New Zealand has flopped, and so instead NZ’s five largest banks will extend their commitment not to close regional branches for the next three years. read more

• Ian Rogers

The much enlarged and reconsidered ANZ Bank museum in Collins Street in Melbourne is worth a bit of time. read more

• Ian Rogers

Re-establishing a government owned bank, one with a focus on assuring the supply of financial services in regional areas, is the chief proposal in the report of the Senate’s Rural and Regional Affairs.. read more

• John Kavanagh

Banks are looking for ways to preserve margins in their home loan businesses and one area where they are taking a harder look is their relationships with brokers. read more

• John Kavanagh

After two years of operation, ANZ’s digital retail brand ANZ Plus is growing customer numbers and deposits strongly and is proving its value as an efficient banking platform. read more

• John Kavanagh

ANZ reported a net profit of A$3.4 billion for the six months to March 2024 – a fall of 4 per cent. read more

• Ian Rogers

A bank branch (mainly NAB’s) closed in regional Australia every 5 days since a Senate inquiry into bank closures in regional Australia was announced early last year. read more

• John Kavanagh

Deposits are 'key differentiators of profitability' and banks’ ability to manage their deposit mix will be important to their earnings when rates start to fall. read more

• John Kavanagh

Westpac leads the move to shut bank branches, with 167 closures last year, according to new research. read more

• John Kavanagh

Climate advocacy groups and investors have stepped up their use of litigation to try and speed up the move to net zero and, while energy and resource companies and government bodies are the main targe.. read more

• Ian Rogers

The application of Moody’s revised Advanced Loss Given Failure analysis to certain Australian banks yesterday has led to a shake-up of credit ratings for four banks, including two downgrades for regio.. read more