by Amruth Sundarkumar | Jul 18, 2022 | Banks, Investment Grade Bonds
Australia and New Zealand Banking Group (ANZ) has come to an agreement to acquire Suncorp Group’s banking operations for A$4.9bn ($3.3bn). This move is in accordance with the bank’s expansion plans, which will allow it to better compete with its larger rivals. In...
by Amruth Sundarkumar | Jul 13, 2022 | Banks, Investment Grade Bonds
Australia and New Zealand Banking Group (ANZ) is in talks to acquire MYOB Group, an accounting software business, as per sources, noting that the deal could be valued at over A$4bn ($2.7bn). While they have yet to reach an agreement and “there is no certainty it will...
by bondevalue | Feb 18, 2021 | Financial Institutions
Australia and New Zealand Banking Group (ANZ) reported their unaudited earnings with cash profit from continuing operations for the three months ending December 31 at A$1.81bn ($1.40bn), up 54% from the average of the last two quarters. Net profits were at A$1.62bn...