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Australia and New Zealand Banking Group


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RICH PICKINGS: Nice little earner

Before reducing the headcount at ANZ, Mike Smith should pay attention to the experience of his predecessor – who cast off an underperforming funds management division only to watch it grow into a $4 billion giant. 6 Sep 2008 12:13 AM

+Vote!

Geoff Lord buys back ANZ nabbed shares

Report Belgravia chief is scrambling back shares lost when Primebroker Securities collapsed. 5 Sep 2008 5:28 AM

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NAB, ANZ tipped for more writedowns

National Australia Bank and ANZ Bank are seen as the two big banks most likely to announce further writedowns to their structured credit exposures - potentially up to A$1 billion ($1.2 billion) each. The dire prediction came in...

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ANZ likely to increase stake in Tricom

Australia and New Zealand Banking Group is in discussions to increase its stake in the troubled margin lender, Tricom, reported Reuters.

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ANZ lowers variable mortgage rates

ANZ has announced that it will lower interest rates for variable rate mortgages by 0.25% pa, following the Reserve Bank of Australia's decision to reduce the official cash rate.

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ANZ to raise Tier 1 issue to $1bn

Bank also eyes job cuts in revamp, insider says. 4 Sep 2008 11:55 AM

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NAB, ANZ most at risk - Citi

NAB and ANZ Bank are seen as the big banks most likely to announce further credit write-downs - potentially up to $1bn each.

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ANZ, NAB have write-down risk: Citi

Report banks most likely to announce further losses from credit exposures. 4 Sep 2008 5:54 AM

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ANZ to revamp business structure

Report bank to reorganise along geographic lines to boost cross-selling. 4 Sep 2008 2:42 AM

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ANZ a 'long way off' China target

The good news, says ANZ's China president Jock McGregor, is that the bank's goal for China to generate 20 per cent of a $1.5 billion Asian net profit by 2012 is achievable. 2 Sep 2008 9:13 AM

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ANZ, Merrill move to strike out Opes action

OPES Prime's financiers will ask the Federal Court to throw out a $100 million-plus class action launched by Slater & Gordon on behalf of more than 50 clients of the collapsed broker.

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ANZ launches new trading and cash management account for advisers

Australia and New Zealand Banking Group has launched the ANZ V2+Broking, an integrated trading and cash management account for advisers using E*Trade's trading platform.

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ANZ National Bank after-tax profit increases for nine-month period

ANZ National Bank, a subsidiary of Australia and New Zealand Banking Group, has reported an after-tax profit of NZ$960 million for the nine months ended June 30, 2008, up 13%, compared to the corresponding period ended June 30, 2007.

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Former ANZ chief joins UK bank board

JOHN McFarlane has been tipped as a future chairman of Royal Bank of Scotland after the former ANZ chief executive was appointed to the board of Britain's second-largest bank this week.

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ANZ to cut fixed home loan rates

Second time this month ANZ has cut rates. 28 Aug 2008 2:11 PM