ANZ Bank
Another pile-up as bad lending practices exposed
Mr Smith, what a mess. The ANZ Banking Group has taken a commanding lead in the race for line honours to determine the bank most likely to end the decade in disgrace.
ANZ ups provision for credit casualties
High-profile credit crunch casualties have forced Australia's third biggest lender ANZ Banking Group Ltd to escalate its first half total bad debt provisions.
Gunns shares drop on ANZ pullout reports
Gunns' shares have fallen sharply in early trade on the back of reports the ANZ Bank will not fund the controversial $2 billion Tasmanian pulp mill.
ANZ Bank pipped in Hong Kong bank bid
China Merchants Bank pips ANZ Bank as the preferred bidder for Hong Kong's Wing Lung Bank.
05/23/08
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ANZ makes Opes offer
ANZ Bank offers Opes Prime's administrators a 62-cents-in-the dollar settlement.
War of words over Opes will leave...
Reputations are going down with a very leaky ship, writes Colin Kruger.
Legal action not over on Opes share sale
More companies are foreshadowing legal action in relation to the Opes Prime collapse and the ANZ Banking Group sell-down of shares.
Opes investors lose sale halt bid
A group of investors in failed brokerage Opes Prime have failed in their legal bid to halt the sale of their share portfolio by the ANZ Bank.
ANZ says provisions seen rising to A$1.2 bln in H2 (Reuters)
Reuters - ANZ bank , Australia's third-biggest lender, issued a profit warning on Monday, forecasting more than $1 billion in bad debt charges, as the global credit crisis started to hurt the country's previously buoyant banks.
Gunns shares lower over mill funding
Shares in forestry products supplier Gunns Ltd opened lower Friday, after the ANZ Banking Group withdrew funding for its $2 billion Tasmania pulp mill project.
ANZ to expand in Hong Kong
ANZ Bank plans to increase its Hong Kong dealing room staff from eight to more than 70.
ANZ bows to Opes pressure
EXCLUSIVE: ANZ Bank has agreed to mediation with Opes Prime's unsecured creditors.
ANZ won't fund Gunns mill: report
ANZ Bank has declined to comment on speculation it will not provide funding for Gunns' controversial $2 billion pulp mill in Tasmania.
ANZ agrees to Opes talks
ANZ agrees to negotiations with Opes Prime's administrator to deliver a deal for Opes' hapless unsecured creditors.
ANZ backs down on Gunns funding
ANZ Bank will not comment on speculation it will not provide funding for Gunns' controversial $2 billion pulp mill in Tasmania.
ANZ loses HK bank bid
ANZ's failure to secure a bid for Hong Kong's Wing Lung Bank won't derail the bank's Asian expansion plans.
ANZ, Merrill face fresh legal action over Opes Prime
Law firm Slater & Gordon has begun legal action against ANZ Banking Group and Merrill Lynch on behalf of former clients of failed stockbroker Opes Prime.
ANZ lifts mortgage rates again
ANZ Bank sent its mortgage holders into the long weekend with yet another rate rise yesterday, lifting its variable mortgage rate by 0.10 percentage points to 9.47 per cent - the highest of Australia's big four banks.
Westpac ups its rate
Westpac raised its lending rates by 0.10 percentage points today, following the lead of ANZ Bank and NAB.
04/28/08
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ANZ adds to mortgage pain
The ANZ Bank has raised interest rates for mortgage holders by 0.10%, blaming increased funding costs caused by the global credit squeeze.
Higher rates, bad debts erode ANZ profit
Higher provisions for corporate bad debts and the first signs that higher interest rates are beginning to reduce consumer spending combine to cut ANZ Bank's half year profits.
ANZ bails out Chimaera with $55m
ANZ Bank has bailed out the embattled financial services provider Chimaera Capital, saving the bank from being associated with another failed margin lender less than a month...
ANZ CEO admits Opes has hurt the brand
ANZ banking Group chief Mike Smith admits the bank's involvement with collapsed margin lender Opes Prime had damaged its brand.
ANZ profit falls in first fiscal half...
Australia's fourth-largest bank, ANZ Banking Group Ltd., posted a 7 percent fall in first-half profit Wednesday, with its top executive blaming the loss on large write-downs in...
Bad debt to bite into ANZ earnings
With $1 billion in bad debt provisions already tagged for ANZ Banking Group's interim result this week, analysts are wonder how much more trouble is to come.
ANZ posts $1.96bn profit
ANZ Bank announces a interim profit of $1.96 billion for the first half, in line with expectations.