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The Latest Breaking News from Nuno Matos

Big four bank boss weighs in on AI's deadly risks

A major bank boss has acknowledged the disruption of AI after three of the sector's biggest voices raised concerns about its potential threat to humanity.

AAP

Australia will avoid recession, despite global jitters

One of the big four banks has delivered encouraging news about Australia's chances of avoiding a recession, which could still emerge in the global economy.

AAP

'Unconscionable': major bank's record fine bumped up

ANZ has been fined $250 million for widespread misconduct and systemic ‍failures that impacted the federal government, taxpayers ‌and thousands of customers.

AAP

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ANZ board won't follow CEO's lead and sacrifice fees

ANZ's chairman says its board has been doing its job, rejecting a suggestion from the Australian Shareholders Association that directors give back some pay.

AAP

ANZ shareholders reject executive pay plan for second year in a row

More than 32% of shareholder votes oppose executive pay report at heated Sydney AGM, after a year when bank was fined $240m by the financial regulator

The Guardian - AU

ANZ cops billion-dollar profit hit amid job cut plans

ANZ's plan to offload thousands of staff has contributed to a more than $1 billion hit to its profit, with hefty fines from the regulator also having an impact.

AAP

ANZ cancels $800m share buyback to 'focus on basics'

ANZ will move its eight million Australian retail banking customers to ANZ Plus by late 2027, and add to its mortgage sales force in its branches.

AAP

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Bank to pay record £118m fine after failing to refund dead customers

Its corporate misconduct affected almost 65,000 customers

The Independent UK

ANZ Staffers Are Rinsing Their CEO In This Viral Reddit Thread Amidst Massive Job Cuts

A Reddit thread with scathing comments about ANZ Bank and Nuno Matos has gone viral following the company's massive restructure.

Pedestrian.tv

'Unhinged': 4500 jobs to be slashed in bank restructure

A major bank's decision to cut thousands of staff has been described as "unhinged" after it recently posted a half-year cash profit of $3.6 billion.

AAP

ANZ CEO Apologises After Staff Were Preemptively Sent Redundancy Emails

Around 300 employees were impacted by the blunder, which CEO Nuno Matos described as “deeply disappointing”.

Pedestrian.tv

Bankers found out they were being fired after email asking for their laptops to be returned sent by mistake

The error occurred at Australian lender ANZ

The Independent UK

International banker to replace retiring ANZ boss

Nuno Matos, a native of Portugal currently based in Hong Kong, will begin as the next chief executive of ANZ next year.

AAP

US stocks rise on faster economic growth despite Nvidia nerves – as it happened

Live coverage as US GDP figures show faster economic growth but Nvidia share price falls in after hours trading

The Guardian - UK

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