|Bid||30.47 x 1559000|
|Ask||26.58 x 204800|
|Day's Range||28.48 - 28.92|
|52 Week Range||27.18 - 32.95|
|PE Ratio (TTM)||13.70|
|Forward Dividend & Yield||1.76 (7.46%)|
|1y Target Est||N/A|
French bank Natixis has broadened its $32 million (£24 million) lawsuit over fraudulent receipts for nickel stored at warehouses in Asia by adding a unit of commodities giant Glencore as a defendant, a court filing showed. Glencore's warehouse unit Access World rejected the accusations, according to the court papers. The move increases the focus on Access World, which said in January it had become aware of fake warehouse receipts circulating in its name and urged holders to seek authentication.
French bank Natixis has broadened its $32 million (£24 billion) lawsuit over fraudulent receipts for nickel stored at warehouses in Asia by adding a unit of commodities giant Glencore as a defendant, a court filing showed. Glencore's warehouse unit Access World rejected the accusations, according to the court papers. The move increases the focus on Access World, which said in January it had become aware of fake warehouse receipts circulating in its name and urged holders to seek authentication.
** Australia's Tatts Group Ltd cleared one of the last hurdles in its takeover by horse race-betting firm Tabcorp Holdings Ltd with the lottery owner getting the green signal from its shareholders. ** Zurich Insurance has agreed to buy Australia and New Zealand Banking Group's life insurance arm for A$2.85 billion ($2.1 billion), its biggest foray into Australia and its third in the last two years.
ZURICH/SYDNEY (Reuters) - Zurich Insurance has agreed to buy Australia and New Zealand Banking Group's life insurance arm for A$2.85 billion ($2.1 billion), its biggest foray into Australia and its third in the last two years. The deal gives the Swiss insurer the top spot in a market attractive to global players due to its robust economy and low penetration, while helping Australia's No. 4 lender move ahead with a long-planned exit from non-core operations. Zurich, Europe's fifth-biggest insurer, also bought Macquarie Group Ltd's life insurance unit for an undisclosed sum in 2016 and the Cover-More Group for $554 million (415.5 million pounds) in April.
SYDNEY (Reuters) - Recent Australian life insurance sales (ranked by deal value) *CommInsure (2017) - Commonwealth Bank of Australia, the country's biggest lender, sells its life insurance unit to Hong ...
The deal, announced on Monday, is the third purchase by Zurich in Australia over the last two years as the insurer doubles down on a region where a robust economy and low insurance penetration rates have proved attractive. Zurich has focused on the Asia Pacific as a major growth driver in its life insurance business, previously picking up Macquaries' (MQG.AX) retail life insurance business for US$300 million in 2016 and the Cover-More Group for US$554 million in April this year.
Zurich Insurance Group AG’s decision to acquire the life-insurance businesses of Australia & New Zealand Banking Group Ltd. should help Switzerland’s biggest insurer fulfill its ambition to increase its ...
Announcement: Moody's publishes Q2 2017 Australian covered bond performance overviews. Global Credit Research- 08 Dec 2017. Sydney, December 08, 2017-- Moody's Investors Service has published Q2 2017 performance ...
The Australian government said on Thursday it will hold a wide-ranging inquiry into a scandal-hit finance sector, arguing one was needed to restore public confidence as it reversed its long-held opposition amid mounting political pressure. The year-long Royal Commission, which will look at the conduct of banks, pension funds, insurers and other financial services firms, will have the power to compel witnesses and recommend criminal charges. It has the potential to be far more embarrassing for the industry than the regular parliamentary questioning of bank CEOs that Prime Minister Malcolm Turnbull has instigated in response to public outrage over scandals ranging from misleading financial advice to breaches of anti-money laundering rules.
New Zealand business confidence has tumbled to its weakest since the global financial crisis amid uncertainty over the policies of a new center-left government.
Australia's major banks on Thursday took the highly unusual step of calling for an inquiry into the financial system as a way to head off pressure for a powerful parliamentary commission into the scandal-hit sector. The call was made in a joint letter sent by the heads of Westpac Banking Corp (WBC.AX), Commonwealth Bank (CBA.AX), National Australia Bank (NAB.AX) and Australia and New Zealand Banking Group (ANZ.AX) to Treasurer Scott Morrison. "We now ask you and your government to act to ensure a properly constituted inquiry into the financial services sector is established to put an end to the uncertainty and restore trust, respect and confidence," the letter read.
Rebel government lawmakers in Australia vowed on Monday to force a powerful inquiry into the country's scandal-hit banking sector, further turmoil for Prime Minister Malcolm Turnbull as he languishes in the polls amid a citizenship crisis. The threatened move is a major embarrassment for Turnbull, who has already rejected public and opposition calls for such an inquiry, and an unpalatable prospect for the country's Big Four banks who hold a combined A$3.6 trillion (2.06 trillion pounds) in assets. "It's time for these people to have their day in court," government Senator Barry O'Sullivan, a member of the junior coalition partner, the National Party, told Australian Broadcasting Corporation Radio.
Commonwealth Bank of Australia, Westpac Banking, and Australia and New Zealand Banking Group are three of the best paying dividend stocks for creating diversified portfolio income. A sizeable part ofRead More...
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Australia & New Zealand Banking Group Ltd. with the following peers – Westpac Banking Corporation, National Australia Bank Limited, Commonwealth Bank of Australia and Bank of Queensland Limited (WBC-AU, NAB-AU, CBA-AU and BOQ-AU). Australia & New Zealand Banking Group Ltd.’s dividend yield is 8.22 percent ... Read more (Read more...)
Rating Action: Moody's assigns definitive ratings to Eclipx Group's ABS transaction Eclipx Turbo Series 2017-1 Trust. Global Credit Research- 15 Nov 2017. AUD 329.3 million equivalent of debt securities ...
Under the terms of the settlement with the Australian Securities and Investments Commission (ASIC), ANZ agreed to a A$10 million penalty, a payment of A$20 million to a consumer protection fund and a A$20 million payment toward the regulator's costs. The penalties approved by the Federal Court were in line with those imposed on rival National Australia Bank (NAB.AX) last month in the same case. ANZ reached an agreement last month to settle the case brought by the ASIC.
Attention dividend hunters! Australia and New Zealand Banking Group Limited (ASX:ANZ) will be distributing its dividend of A$0.8 per share in 3 days time, on the 18 December 2017, andRead More...
Australia and New Zealand Banking Group, Macquarie Group, and Suncorp Group are financial services stocks that generally perform in-line with the economy. These companies provide services ranging from consumer financeRead More...
Categories: Asia Pacific Value Yahoo FinanceClick here to see latest analysis Capitalcube gives Australia & New Zealand Banking Group Ltd. a score of 46. Our analysis is based on comparing Australia & New Zealand Banking Group Ltd. with the following peers – Westpac Banking Corporation, National Australia Bank Limited, Commonwealth Bank of Australia and Bank of Queensland Limited (WBC-AU, NAB-AU, ... Read more (Read more...)
On the 18 December 2017, Australia and New Zealand Banking Group Limited (ASX:ANZ) will be paying shareholders an upcoming dividend amount of A$0.8 per share. However, investors must have boughtRead More...
Categories: Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Australia & New Zealand Banking Group Ltd.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 ... Read more (Read more...)
Hastings currently manages about A$12.6 billion ($9.68 billion) in funds, the company said. The company had also been in talks with property manager Charter Hall Group (CHC.AX) regarding the sale of Hastings, but it ceased discussions in August.
China will further liberalize its capital markets to foreign investors, helping the nation dodge any credit crisis by lightening its $18 trillion corporate debt burden, according to Australia and New Zealand ...
Rating Action: Moody's assigns provisional ratings to Eclipx Group's ABS transaction Eclipx Turbo Series 2017-1 Trust. Global Credit Research- 02 Nov 2017. AUD 329.3 million equivalent of debt securities ...