Australia and New Zealand Banking Group Ltd (ANZ.AX)
20 Jan 2017
WELLINGTON, Jan 11 ANZ has agreed to sell New Zealand subsidiary UDC Finance to China's HNA Group for about NZ$660 million ($460 million), the Australian bank said on Wednesday.
Jan 11 Australia And New Zealand Banking Group Ltd
SYDNEY Australia and New Zealand Banking Group Ltd said on Tuesday it will sell its 20 percent stake in Shanghai Rural Commercial Bank Co Ltd [SHRCB.UL] for A$1.8 billion ($1.3 billion), as part of its broader sell-down of Asian assets.
NEW YORK Oil prices were little changed on Monday in quiet pre-Christmas trade as the market waited to see whether U.S. production from shale fields would grow enough to offset planned output cuts by OPEC, Russia and other producers next year.
SYDNEY Australia and New Zealand Banking Group has become more cautious about lending to apartment developers and buyers due to concerns that parts of the market are oversupplied and household incomes have stagnated.
SYDNEY Australia and New Zealand Banking Group's transformation into a smaller bank and other steps it is taking will speed up a push to change its business culture, following a series of scandals in the financial sector, its CEO said.
NEW YORK Oil prices gained more than 2 percent on Monday in volatile trading after falling as much as 2 percent, recouping losses as the market reacted to the shaky prospect of major producers being able to agree output cuts at a meeting on Wednesday.
SINGAPORE, Nov 28 Oil prices fell over 1 percent on Monday, extending declines from last Friday as doubts re-emerged over the ability of major producers to cut output at a planned meeting on Wednesday aimed at reining in global oversupply.
* ANZ, Macquarie pay $11 mln in fines for trading conduct in 2011
SYDNEY, Nov 25 Australia's No.1 investment bank Macquarie Group Ltd and top corporate lender Australia and New Zealand Banking Group Ltd on Friday said they will pay fines totalling A$15 million ($11.12 million) for "cartel conduct".