ANZ Banking Group says it will try to find new jobs for the approximately 180 employees at its share trading business that has been sold to UK-listed CMC Markets.
ANZ Banking Group chief executive Shayne Elliott is optimistic about prospects for the rest of the financial year after the lender lifted its first-quarter cash profit 31 per cent to $2 billion.
Aspiring miner Dacian Gold has started construction of its Mt Morgans project near Laverton, after finalising regulatory approvals and locking in a $150 million funding deal over the Christmas break.
The Federal Court has approved multi-million dollar fines slapped on ANZ Banking Group and Macquarie Bank for attempted fixing of the benchmark rate for the Malaysian ringgit, reaching the decision only "with some hesitation".
Commonwealth Bank of Australia, Westpac and National Australia Bank have seemingly failed to secure permission to collectively bargain with Apple for iPhone users to make mobile payments from their own digital wallets, rather than Apple Pay.
Senior executives have created a poor compliance culture at the four major banks and should be named and shamed over mistreatment of customers, a parliamentary inquiry has found.
ANZ Banking Group's full-year cash profit dropped 18 per cent to $5.89 billion following a big hit from restructuring charges, and the bank is looking at further streamlining its business.
The big four banks and AMP are likely to refund at least $178 million to more than 200,000 customers who did not receive financial advice for which they were charged.
ANZ Banking Group has pledged to consider cutting credit card rates and stopping its millions of dollars in political donations, as its boss apologised for failing customers.
Indian business couple Pankaj and Radhika Oswal are "very satisfied" with a commercial settlement with the ANZ Banking Group believed to be worth hundreds of millions following their high profile legal dispute.
The Australian share market lost its early morning gains to close at its lowest level since July on concerns about future stimulus programs by central banks.
The Australian share market has slumped to a two-month low as investors dumped stocks from all sectors on fears the US Federal Reserve could hike interest rates this month.
The Australian share market has made some solid gains as the prospect of an interest rate hike in the US in September was pared back following some weaker-than-expected US jobs figures on Friday night.
Pankaj and Radhika Oswal are close to settling their legal battle with ANZ Banking Group, but are unlikely to end up with the $1.5 billion to $2.5 billion they wanted.
The share market has closed only modestly higher, despite US markets hitting record levels overnight, weighed down by weakness from market heavyweights Westpac and Telstra.
The Australian share market has closed slightly higher, with the big banks holding up the bourse in light trading following a weak lead from US markets
ANZ Banking Group's cash profit has slipped 3 per cent in the first nine months of its financial year, weighed down by restructuring charges and bad debts.
Indian business couple Pankaj and Radhika Oswal paid two advisers $US26 million ($A34.5 million) in hush money to hide what was really going on at their Australian fertiliser business, a court has heard.
The Australian dollar gold price hit an all-time record of $1,826 an ounce today after Britain elected to leave the European Union, with shares in local gold miners rallying strongly even though the broader stock market tumbled more than 3 per cent.
A senior ANZ executive denies putting Indian businessman Pankaj Oswal in a headlock or threatening his wife that she too could end up in jail for fraud, a trial has heard.
Australia's major banks face soft profit growth amid growing macroeconomic risks linked to low interest rates and government tax policy, according to Fitch.
Another head has rolled in the corporate watchdog's investigation into Victoria Park-based car financing business Get Approved Finance, with Grant Parker permanently banned from the industry.
Mining-focused private equity firm Resource Capital Funds is seeking to privatise engineering and construction contractor Ausenco by way of a scheme of arrangement.
The corporate watchdog has permanently banned two local brokers from providing financial services for misconduct, while winding-up three abandoned companies based in Western Australia.
Western Areas and Panoramic Resources have announced plans to raise a combined $80.7 million from investors to continue work at their respective nickel operations in Western Australia.
Gold hopeful ABM Resources has restructured its board and initiated a capital raising and debt facility agreement as it progresses its Tanami tenements in the Northern Territory.
Ardiden has appointed Bradley Boyle as executive director and Michael Stares as general manager – Canadian operations. Mr Boyle was formerly a managing director of Triton Minerals.
