ANZ shares soar as Nuno Matos’s cost-cutting shows early promise
Australian bank’s stock rises as much as 10% after strong quarterly results under former HSBC executive
Australian bank’s stock rises as much as 10% after strong quarterly results under former HSBC executive

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

Former HSBC executive cuts 8% of workforce at Australian lender

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

A surge in long-term interest rates and economic optimism has lifted the region’s lenders

Rise comes 6 months after cut as RBA warns on inflation

Western Alliance and Zions Bank disclose exposure to alleged fraud