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Banking Industry and Mike Smith
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Highlights this month
1 month, 1 week ago Credit crisis a 'financial Armageddon': ANZ boss
The head of the ANZ bank has described the global credit crisis as a "financial Armageddon". In delivering the bank's first profit decline in more than a decade, the chief ...
PM - 6:23 p.m. Thursday 23rd October 2008
BHP Billiton could face more hurdles in Europe
ANZ chief executive Mike Smith has a well - deserved reputation for being brutally frank and he did not disappoint at today's briefing for banking analysts on the bank's poor ...
Business Spectator Alan Kohler - 1:32 p.m. Thursday 23rd October 2008
2 months, 1 week ago Banks growing more cautious: ANZ boss
ANZ Bank chief executive Mike Smith said yesterday that local banks, while strong, were being increasingly more selective when issuing credit to households and businesses.
The Australian Business News - midnight Friday 26th September 2008
3 months, 1 week ago ANZ bid to skirt Opes fallout
ANZ is hoping to reach a "holistic" agreement with the administrators of the failed stockbroking and margin loan lender Opes Prime to end what could otherwise turn out to be ...
Sydney Morning Herald Business - midnight Monday 25th August 2008
3 months, 1 week ago ANZ chief speaks to Inside Business
On Friday ANZ Bank released the findings of its internal review of the bank's securities lending business in the wake of its damaging exposure to collapsed broker Opes Prime. Eight ...
Inside Business - 4:20 p.m. Sunday 24th August 2008
ANZ bid to skirt Opes fallout
ANZ is hoping to reach a "holistic" agreement with the administrators of the failed stockbroking and margin loan lender Opes Prime to end what could otherwise turn out to be ...
Brisbane Times - midnight Sunday 24th August 2008
4 months ago ANZ chief predicts further credit turmoil
Australian bank shares slumped in frenzied trading today as another senior banker revealed there would be more pain from the turmoil in world credit markets. The ANZ chief executive Mike ...
PM - 6:10 p.m. Monday 28th July 2008
Mike Smith plays it safe
ANZ has moved ahead of the curve with its latest provisions for bad debt, but it's chief executive Mike Smith's fears about the outlook for the bank's vanilla lending services ...
Business Spectator financial services - 12:50 p.m. Monday 28th July 2008
5 months ago ANZ boss breathes fire over Chimaera
Mike Smith believes he has salvaged the bank's parlous margin lending situation
The Australian Business News - midnight Tuesday 1st July 2008
6 months ago ANZ Bank Still in Bidding for Wing Lung, Smith Says (Update2)
Mike Smith, spearheading Australia & New Zealand Banking Group Ltd. ' s push into Asia, said he is still bidding for Hong Kong's Wing Lung Bank Ltd.` ` The bidding ...
Bloomberg - 7:55 a.m. Friday 30th May 2008
7 months, 1 week ago ANZ tucks it away for rainy day
ANZ chief executive Mike Smith defends his bank's 14% dip in profit, saying Australian banks' additional credit costs "barely register" against their international peers.
The Age - midnight Thursday 24th April 2008
ANZ chief fuming on Opes
ANZ chief executive Mike Smith conceded that the Opes debacle had left him "pissed off" because the bank should never have been involved in securities lending.
Herald Sun - midnight Thursday 24th April 2008
7 months, 1 week ago ANZ CEO admits Opes has hurt the brand
ANZ banking Group chief Mike Smith admits the bank's involvement with collapsed margin lender Opes Prime had damaged its brand.
Sydney Morning Herald Business - 5:48 p.m. Wednesday 23rd April 2008
ANZ CEO admits Opes has hurt the brand
ANZ banking Group chief Mike Smith admits the bank's involvement with collapsed margin lender Opes Prime had damaged its brand.
The Age - 5:48 p.m. Wednesday 23rd April 2008
7 months, 2 weeks ago Opes and bad loan provisions eat into ANZ
ANZ chief executive Mike Smith will have to come to terms with bank's first underlying profit decline in more than 10 years.
The Age - midnight Monday 21st April 2008

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