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ANZ Lowers India Growth Forecast To 6.2% In 2019-20
The forecasts all badly lag the government's longer-term target of getting the economy humming at rates above 8 per cent.
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Australian Bank Fires Over 200 Staff Due To "Bad Banking Behaviour"
Australia and New Zealand Banking Group fired over 200 staff for wrongdoing, including senior executives, due in part to issues raised at a public inquiry into financial sector misconduct, ANZ Chief Executive Shayne Elliott said on Friday.
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Singapore's DBS Extends Asia Private Banking Push With ANZ Assets Purchase
DBS Group plans to buy Australia and New Zealand Banking Group's wealth and retail businesses in five Asian markets - part of a big private banking push for the Singapore lender and the first significant retreat from Asia for ANZ.
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Jason McCracken to Replace Kelly Fairweather as New FIH CEO
Jason McCracken will be leaving his role as Head of Insurance and Investment Risk at banking group ANZ to take on his new post at FIH. He will replace Kelly Fairweather, who is leaving for the International Tennis Federation.
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Indian Couple Launches $1.5 Billion Lawsuit Against Australian Bank
A high-profile Indian-origin couple on Monday launched a $1.5 billion lawsuit, one of the biggest in Australia's legal history, against Australia and New Zealand Banking Group (ANZ) for allegedly undervaluing shares of their fertiliser company to recoup millions in debts.
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China Pours $67 Billion Into Financial System Before Holiday
China's central bank said today it was injecting 440 billion yuan ($67 billion) into the money market, seeking to ease tight liquidity ahead of the Lunar New Year holiday when demand for funds surges.
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ANZ Pegs India's GDP Growth at Over 5.9 Per Cent This Fiscal
Australia and New Zealand Banking Group, which recently re-entered the domestic market, has said the Indian economy is out of the woods and has pegged GDP growth in 2014-15 at over 5.9 per cent, led by faster expansion in the second half.
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ANZ India Gets RBI Nod to Open 2 Branches
Australia and New Zealand Banking Group (ANZ) on Thursday said that it has received in-principle approval from the Reserve Bank (RBI) to open two new branches.
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Asian banks woo commodity clients as Western lenders exit
Asian lenders are building on links to local companies to expand into trade and project financing, and using strong ties to identify opportunities, connecting, say, a Mongolian miner with a Chinese investor or an Indian trading house with an Indonesian smelter.
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Asian markets ease as focus moves to growth, oil prices
Asian shares and the euro fell on Thursday on concerns about global growth driven by higher oil prices and data showing the euro zone may slip into recession.
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Australia safe for Indian students: ANZ chief
Australia and New Zealand banking group (ANZ) chief Mike Smith said Australia is overwhelmingly safe and a welcoming country.
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ANZ Lowers India Growth Forecast To 6.2% In 2019-20
The forecasts all badly lag the government's longer-term target of getting the economy humming at rates above 8 per cent.
-
Australian Bank Fires Over 200 Staff Due To "Bad Banking Behaviour"
Australia and New Zealand Banking Group fired over 200 staff for wrongdoing, including senior executives, due in part to issues raised at a public inquiry into financial sector misconduct, ANZ Chief Executive Shayne Elliott said on Friday.
-
Singapore's DBS Extends Asia Private Banking Push With ANZ Assets Purchase
DBS Group plans to buy Australia and New Zealand Banking Group's wealth and retail businesses in five Asian markets - part of a big private banking push for the Singapore lender and the first significant retreat from Asia for ANZ.
-
Jason McCracken to Replace Kelly Fairweather as New FIH CEO
Jason McCracken will be leaving his role as Head of Insurance and Investment Risk at banking group ANZ to take on his new post at FIH. He will replace Kelly Fairweather, who is leaving for the International Tennis Federation.
-
Indian Couple Launches $1.5 Billion Lawsuit Against Australian Bank
A high-profile Indian-origin couple on Monday launched a $1.5 billion lawsuit, one of the biggest in Australia's legal history, against Australia and New Zealand Banking Group (ANZ) for allegedly undervaluing shares of their fertiliser company to recoup millions in debts.
-
China Pours $67 Billion Into Financial System Before Holiday
China's central bank said today it was injecting 440 billion yuan ($67 billion) into the money market, seeking to ease tight liquidity ahead of the Lunar New Year holiday when demand for funds surges.
-
ANZ Pegs India's GDP Growth at Over 5.9 Per Cent This Fiscal
Australia and New Zealand Banking Group, which recently re-entered the domestic market, has said the Indian economy is out of the woods and has pegged GDP growth in 2014-15 at over 5.9 per cent, led by faster expansion in the second half.
-
ANZ India Gets RBI Nod to Open 2 Branches
Australia and New Zealand Banking Group (ANZ) on Thursday said that it has received in-principle approval from the Reserve Bank (RBI) to open two new branches.
-
Asian banks woo commodity clients as Western lenders exit
Asian lenders are building on links to local companies to expand into trade and project financing, and using strong ties to identify opportunities, connecting, say, a Mongolian miner with a Chinese investor or an Indian trading house with an Indonesian smelter.
-
Asian markets ease as focus moves to growth, oil prices
Asian shares and the euro fell on Thursday on concerns about global growth driven by higher oil prices and data showing the euro zone may slip into recession.
-
Australia safe for Indian students: ANZ chief
Australia and New Zealand banking group (ANZ) chief Mike Smith said Australia is overwhelmingly safe and a welcoming country.
