ANEWF
Australia & New Zealand Banking Group Ltd.OTCPK - Current
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  • Jul. 8, 2012, 3:17 AM
    The chances are high that Barclays (BCS) will appoint an external candidate unsullied by the Libor affair as its new CEO, the WSJ reports. Names being bandied about include former JPMorgan exec William Winters and Australia & New Zealand Bank CEO Michael Smith. Internally, Antony Jenkins and Naguib Kheraj are in the running. Meanwhile, separating the investment bank can' be dismissed.
    | Jul. 8, 2012, 3:17 AM | 3 Comments
  • May 31, 2012, 7:43 AM
    A comment from Australia's top bank regulator that the country's lenders have enough funding for months may be meant to reassure, writes Cynthia Koons, but it's like an airplane pilot saying he has enough fuel for a few more hours. Aussie banks are unusually dependent on overseas funding, and are thus impacted directly by EU stress. WBC +1.5% YTD.
    | May 31, 2012, 7:43 AM