Today
Shayne Elliott’s rented Corolla wasn’t enough for ANZ in the end
The career banker took the top job in 2016, unwinding a failed regional expansion and wowing shareholders. Those shareholders are a bit less wowed now.
- Updated
- Jonathan Shapiro
Yesterday
- Opinion
- The AFR View
The pluses and minuses of Elliott’s ANZ legacy
How the outgoing CEO’s tenure is regarded will hinge on the long-term outcomes of his two signature projects.
- The AFR View
- Updated
- Executive shake-up
ANZ investors see new chief executive Nuno Matos as a clean slate
The bank appointed the former HSBC wealth boss to succeed Shayne Elliott over internal candidates. The Portuguese banker, 57, will take up the job next year.
- Updated
- Lucas Baird and James Eyers
- Opinion
- Chanticleer
What forced ANZ board to move on Elliott
Facing the prospect of an embarrassing protest vote at next week’s AGM, ANZ’s board is ringing the changes.
- Anthony Macdonald
‘Like a star football player’: meet ANZ’s next CEO
Born in Portugal with a globetrotting career spanning Peru, Brazil, Mexico and Hong Kong, Nuno Matos’ route to Australia has been an unlikely one.
- Lucas Baird
ANZ’s risky new CEO; Assads ‘like mafia’; ‘Shoebox’ fetches $850k
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
ANZ’s left-field CEO pick piles risk upon risk
A new chief executive with no Australian experience will spend years finishing Shayne Elliott’s signature projects. It’s a perilous sandwich for investors.
- James Thomson
This Month
- Exclusive
- Big four
ANZ’s Elliott to resign after nine years as chief executive
The career banker arrived at ANZ in 2009 and was appointed to the top job in 2016. His departure is expected to be announced as early as this week.
- Jonathan Shapiro and Kylar Loussikian
Australia’s 50 highest-paid CEOs in 2024 revealed
Macquarie Group’s Shemara Wikramanayake is Australia’s best-paid CEO for the fourth year in a row.
- Patrick Durkin
November
ANZ forced to clarify Elliott testimony on bond trading scandal
The bank’s government relations head has expanded on comments made by chief executive Shayne Elliott in a parliamentary grilling.
- Updated
- Jonathan Shapiro
- Exclusive
- Big four
Bankers split as Chalmers kicks off branch levy negotiations
Treasurer Jim Chalmers has kick-started face-to-face negotiations with bank CEOs about a potential new $350 million levy, but bankers are split over the proposal.
- John Kehoe and Lucas Baird
ANZ creates new roles to fix risk issues
ANZ wants to hire a new risk manager and a head of regulatory relations as it begins the long task of shedding its $750 million capital charge.
- Jonathan Shapiro
- Updated
- Earnings season
ANZ’s Elliott warns Trump policies could mean later, smaller rate cuts
The bank’s chief executive said local borrowers were resilient despite an increase in overdue loan payments, with most tax cuts being saved instead of spent.
- Updated
- Lucas Baird and James Eyers
ANZ bond scandal hits Shayne Elliott’s bonus, with all staff at risk
The bank’s chief executive said there were clearly “morale” issues in the markets division at the centre of the trading allegations as executives took pay cuts.
- Jonathan Shapiro, Lucas Baird and James Eyers
ASX jumps; ANZ profits slip; Powell says Trump can’t fire him
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
ANZ has a plan to break from the pack. It must pass these four tests
Chief executive Shayne Elliott has bet the bank’s next growth era on two big tech platforms and the Suncorp deal. But he needs to convince the market these moves are working.
- James Thomson
October
Pub test: ANZ puts a stop to risk team’s party
The bank’s non-financial risk transformation team were invited to meet during work hours at a trendy bar – but the shindig has been called off.
- Myriam Robin
- Opinion
- Big four
How the big banks got out of Canberra’s line of fire
The big four bank chiefs can stride confidently into the capital. Perhaps the supermarkets, now under attack, can learn something from their rehabilitation.
- Jonathan Shapiro
Banks blocked from factoring in rising income when assessing loans
A bank boss says it is “absurd” that regulations prevent expectations that a young, professional borrower’s income will rise after they apply for a home loan.
- Updated
- James Eyers
- Updated
- Courts
ANZ loses appeal over botched $2.5b capital raising
The bank was attempting to have a ruling thrown out that it kept the market in the dark during a big institutional shortfall almost a decade ago.
- Updated
- Lucas Baird
