Showing 1 to 7 of 7 results
ANZ Bank to Pay $240 Million Penalty for Misconduct
ANZ Bank will pay a record $240 million penalty for unconscionable conduct, including bond trading irregularities, incorrect reporting, and failures in handling borrower hardship cases, as determined by the Australian Securities and Investments Commission (ASIC).
ANZ Bank to Pay $240 Million Penalty for Misconduct
ANZ Bank will pay a record $240 million penalty for unconscionable conduct, including bond trading irregularities, incorrect reporting, and failures in handling borrower hardship cases, as determined by the Australian Securities and Investments Commission (ASIC).
Progress
40% Bias Score
ANZ Bank Announces 3,500 Job Cuts Amidst Restructuring
ANZ bank CEO Nuno Matos announced 3,500 job cuts and 1,000 contractor roles to be eliminated over the next year as part of a major restructuring plan aimed at improving efficiency and performance.
ANZ Bank Announces 3,500 Job Cuts Amidst Restructuring
ANZ bank CEO Nuno Matos announced 3,500 job cuts and 1,000 contractor roles to be eliminated over the next year as part of a major restructuring plan aimed at improving efficiency and performance.
Progress
32% Bias Score
ANZ Scraps Passwords for Enhanced Online Banking Security
ANZ, an Australian Big Four bank, will eliminate passwords for its one million ANZ Plus digital banking customers by mid-2025, replacing them with passkeys or mobile verification to enhance security against data breaches and malware like Infostealer, following the discovery of over 31,000 compromise...
ANZ Scraps Passwords for Enhanced Online Banking Security
ANZ, an Australian Big Four bank, will eliminate passwords for its one million ANZ Plus digital banking customers by mid-2025, replacing them with passkeys or mobile verification to enhance security against data breaches and malware like Infostealer, following the discovery of over 31,000 compromise...
Progress
40% Bias Score
ANZ Appoints Former Minister Birmingham to Boost Asia Pacific Engagement
Simon Birmingham, former Australian senator and cabinet minister, joined ANZ bank on February 3, 2024, as head of Asia Pacific engagement and chair of its South Australian branch to boost its institutional division and strengthen its Asian presence, focusing on commercial investment between Australi...
ANZ Appoints Former Minister Birmingham to Boost Asia Pacific Engagement
Simon Birmingham, former Australian senator and cabinet minister, joined ANZ bank on February 3, 2024, as head of Asia Pacific engagement and chair of its South Australian branch to boost its institutional division and strengthen its Asian presence, focusing on commercial investment between Australi...
Progress
56% Bias Score
ANZ Bank to Pay Record $240M Fine for Widespread Misconduct
ANZ Bank will pay a record $240 million penalty for widespread misconduct, including unconscionable conduct in a government bond deal, failing to assist customers in financial hardship, making misleading statements about interest rates, and failing to refund fees to deceased customers' accounts.
ANZ Bank to Pay Record $240M Fine for Widespread Misconduct
ANZ Bank will pay a record $240 million penalty for widespread misconduct, including unconscionable conduct in a government bond deal, failing to assist customers in financial hardship, making misleading statements about interest rates, and failing to refund fees to deceased customers' accounts.
Progress
32% Bias Score
ANZ's New CEO Faces Steep Challenges
ANZ Bank's new CEO, Nuno Matos, starts Monday facing challenges including restoring the bank's reputation after a $250 million regulatory penalty for misconduct, improving underperforming units, and boosting its lagging home loan market share; his success depends on navigating cultural differences a...
ANZ's New CEO Faces Steep Challenges
ANZ Bank's new CEO, Nuno Matos, starts Monday facing challenges including restoring the bank's reputation after a $250 million regulatory penalty for misconduct, improving underperforming units, and boosting its lagging home loan market share; his success depends on navigating cultural differences a...
Progress
40% Bias Score
ANZ CEO Forfeits \$3.2M Bonus After Shareholder Backlash
ANZ CEO Shayne Elliott forfeited \$3.2 million in bonuses following a shareholder revolt at the annual general meeting, driven by concerns over mismanagement, reputational damage from a bond trading scandal, and a delayed tech rollout; the bank also faced a protest vote on climate policies.
ANZ CEO Forfeits \$3.2M Bonus After Shareholder Backlash
ANZ CEO Shayne Elliott forfeited \$3.2 million in bonuses following a shareholder revolt at the annual general meeting, driven by concerns over mismanagement, reputational damage from a bond trading scandal, and a delayed tech rollout; the bank also faced a protest vote on climate policies.
Progress
52% Bias Score
Showing 1 to 7 of 7 results