Business
ANZ half-year results: Shayne Elliott’s big worry isn’t what you think – The Australian Financial Review
Last November, ANZ chief executive Shayne Elliott told his board his biggest worry was COVID-19. But it wasn’t the virus itself he feared.
Whats going on, Elliott says, is a period of incredible change as banking is essentially unbundled. The idea that a bank could be everything to everyone transaction accounts, personal loans, mortgage, credit card is disappearing because of changing consumer behaviour and the rise of fintech.
Elliott argues banks will increasingly have to choose what they will and wont do, and use partnerships and alliances to both differentiate their product offering from their rivals and free up capital to invest…
-
Noosa News15 hours agoBondi Beach terror attack: Police investigate threat against Westfield North Lakes in Queensland
-
General22 hours agoCoalition ‘flabbergasted’ by Labor’s response to calls for royal commission into antisemitism
-
Business16 hours ago3 ASX ETFs that could be perfect for beginners
-
General13 hours agoQueensland mother accused of staging drowning death of four-year-old son committed to stand trial