ANZ Group flags around $130 mln profit hit on Suncorp deal
Australian lender ANZ Group said on Monday its 2024 second half profit will take a A$196 million ($129.63 million) hit after taxes due to impacts from the acquisition of Suncorp's banking business.
Citi ANZ CEO: Australia's Real Estate Tops Investor Interest
Mark Woodruff, Australia and New Zealand CEO at Citi, discusses how real estate is emerging as Australia's most in-demand sector as investors seek out the biggest beneficiaries of what they expect to be the start of a central bank easing cycle. He speaks with Haidi Stroud-Watts and Shery Ahn on the sidelines of the "Citi Australia & New Zealand Investment Conference" on "Bloomberg: The Asia Trade".
ANZ to pay $68 million to settle two class actions
Australian lender ANZ said on Friday it will pay a combined sum of A$99 million ($67.76 million) for the settlement of two class actions brought against it in 2020.
'Sky is the limit' for gold prices, expect new record highs to continue to be hit: ANZ
Daniel Hynes of ANZ says there underlying fundamentals for the gold market has been strong and that the beginning of monetary easing in the U.S. will further boost prices.
Federal Reserve rate cuts to drive gold prices to $2,900 by end of 2025 ANZ
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Here's why ANZ, CBA, NAB, and Westpac share prices are surging
Australian banks are firing on all cylinders and are beating their global peers even as the country's economy slows. Westpac Banking Corporation (WBC) share price has risen in the last five consecutive days and by over 42.50% this year.
Indian gold demand to remain solid this year and support rally to $2,500: ANZ
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
