Tag: ANZ
Australian regulator sues ANZ over alleged overstatement of credit card balances
The Australian Markets Regulation Authority said on Monday it had initiated civil penalty proceedings against Australia and New Zealand Banking Group for allegedly deceiving customers on their credit card accounts.…
ANZ becomes first Australian bank to mint stablecoin
A stablecoin is a type of digital asset designed to hold its value stable against another asset, and are frequently used as a gateway to other cryptocurrencies or to generate…
ANZ shares are at their lowest level in a year as competition for home loans squeezes margins.
ANZ did not disclose profit for the quarter and said the group’s net interest margin had shrunk by 8 basis points, but added that rising interest rates in New Zealand…