‘Wartime CEO’ Nuno Matos wields axe at embattled ANZ
Former HSBC executive cuts 8% of workforce at Australian lender
Former HSBC executive cuts 8% of workforce at Australian lender

Australian bank’s stock rises as much as 10% after strong quarterly results under former HSBC executive

Australian bank had cut incentives after scandals under Shayne Elliott’s watch

Australian bank’s board says move reflects regulatory settlements and drop in profits

Australian bank ANZ apologises and offers counselling to more than 100 staff

Marguerite Bérard plans to cut 5,200 full-time roles by 2028 as part of overhaul at Dutch lender

Bank had set internal goal of reducing headcount to 85,000 from peak of 119,000