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AWB has been struggling to turn a profit from loans since the economic crisis
The first stage of the $600 million acquisition of RBS's operations in Six Asian countries
The transaction is expected to conclude before the end of the year
The appointment will be effectve in early 2010
The company's Tier 1 capital has been lowered by $1b worth of redemptions in the past six months
ANZ Banking Group Ltd has reported an 11 per cent fall in annual net profit and says the market is close to a peak in the bad debt cycle.
The ANZ Bank has promised not to slug its 800,000 home borrowers with variable interest rate rises above official moves by the Reserve Bank.
The company has abandoned its old logo after 20 years
ANZ Banking Group Ltd has matched the central bank, increasing the variable mortgage interest rate by 25 basis points for new and existing customers.
New appointee Philip Chronican worked at Westpac for 27 years
Commonwealth Bank, David Jones up. AWB and Wotif down.
ANZ Banking Group Ltd has bought the half of a wealth management joint venture with ING Group it doesn't already own for $1.86 billion (Euro 1.1 billion), as it looks to position in the wealth and life insurance market.
Another indicator that recovery is underway?
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