ANZ Group’s First-Quarter Performance Signals Resilience and Strategic Success

ANZ Group, one of Australia’s leading financial institutions, reported its first-quarter financial performance, indicating a promising trajectory as it matched the robust revenue levels seen in the first half of fiscal 2023. This performance was primarily driven by the stellar performance of its institutional division’s markets business. Consequently, investors reacted positively, propelling the company’s shares […]
CBA, ANZ sued in New Zealand

Two of Australia’s big banks are facing a multi-million dollar claim in New Zealand. More than 150,000 customers were not refunded, the interest and fee charged after an alleged breach in disclosing changes to loan agreements. The class-action lawsuit said that Kiwi units of Commonwealth Bank of Australia and Australia and New Zealand Banking Group […]