Investors, however, did not vote to spill the ANZ board and supported chairman Paul O’Sullivan’s re-election after a troubled year.
ANZ Group said on Thursday its new CEO will forgo his short-term bonus this year after a significant minority of shareholders opposed the Australian lender's executive pay report at its 2025 annual ...
Paul O’Sullivan told shareholders ANZ would continue to make decisions regarding unvested equity for its former executives “where appropriate”.
The court has ruled that a record fine of $240 million was not large enough for the bank’s failures in its retail and markets division.
The major bank has been ordered to pay $250 million in penalties after widespread misconduct caused systemic risk failures across its business. The Federal Court has ordered Australia and New Zealand ...
ANZ Group Holdings Ltd.’s fine was increased to A$250 million ($165 million) by the Federal Court of Australia after an additional A$10 million was added to earlier regulatory penalties.
A Federal court has imposed a A$250 million ($165.25 million) penalty on lender ANZ Group for mishandling a A$14 billion ...
The Australian Securities and Investments Commission (ASIC) said in a statement that the court had ordered the fine against ANZ as penalties for “widespread misconduct and systemic risk failures ...
Australia's ANZ bank faces a A$250 million penalty for systemic risk management failures impacting the government, taxpayers, and around 65,000 retail customers, according to the securities regulator.
An ANZ outage reported around lunchtime on Tuesday sparked chaos across the nation, with online banking and the official app unable to be accessed by customers. An ANZ spokesman told NewsWire ...
A weekly Reddit thread jam-packed with scathing comments about ANZ Bank and its CEO, Nuno Matos, has gone viral following the company’s massive restructure, where approximately 3,500 workers will lose ...
The Federal Court has increased penalties to be paid by ANZ to $250 million, while the ASX closed slightly higher.