ANZ Bank, one of Australia’s biggest lenders, is facing a growing public outcry after reports that senior executives collected $26 million in bonuses even as internal documents show the bank ignored many customer hardship pleas. The Guardian’s investigation exposed patterns of automated, misleading communications to struggling customers, while some hardship requests were reportedly rejected or…
ANZ Bank has raised eyebrows across financial markets with a sweeping new plan under CEO Nuno Matos. In October 2025, the bank abruptly halted its remaining share buyback of about A$800 million, signaling that it wants to hold onto capital for deeper strategic change. Matos has laid out an ambitious roadmap that combines cost cuts,…
ANZ Bank has announced plans to cut 3,500 jobs. The decision comes at a time when banks worldwide are under pressure. Rising costs, digital disruption, and changing customer behavior are forcing tough choices. For ANZ, these cuts are not made lightly. Nuno Matos, the bank’s CEO, called the move a “last resort.” When we hear…