Arrival of ANZ's New CEO Should Sharpen Focus -- Market Talk

Dow Jones

Apr 03

0323 GMT - The earlier-than-expected arrival of ANZ's new CEO will allow the bank to tackle its risk-governance issues with greater clarity, Jarden analysts write in a note. They tell clients that Nuno Matos's May 12 start date will allow Australia's fourth-largest bank to focus externally on customers, and internally on its risk processes and tech developments. They suggest that refreshing the ranks of executive leadership with global hires may also lead to sharper execution. Importantly, they remind clients that the latest A$250 million capital overlay that ANZ is required to hold is not money lost, but only quarantined. Jarden has an overweight rating and A$30.50 target price on the stock, which is down 1.5% at A$29.21. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

April 02, 2025 23:23 ET (03:23 GMT)

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They tell clients that Nuno Matos's May 12 start date will allow Australia's fourth-largest bank to focus externally on customers, and internally on its risk processes and tech developments. They suggest that refreshing the ranks of executive leadership with global hires may also lead to sharper execution. Importantly, they remind clients that the latest A$250 million capital overlay that ANZ is required to hold is not money lost, but only quarantined. Jarden has an overweight rating and A$30.50 target price on the stock, which is down 1.5% at A$29.21. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 02, 2025 23:23 ET (03:23 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Arrival of ANZ's New CEO Should Sharpen Focus -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nArrival of ANZ's New CEO Should Sharpen Focus -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-03 11:23</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0323 GMT - The earlier-than-expected arrival of ANZ's new CEO will allow the bank to tackle its risk-governance issues with greater clarity, Jarden analysts write in a note. They tell clients that Nuno Matos's May 12 start date will allow Australia's fourth-largest bank to focus externally on customers, and internally on its risk processes and tech developments. They suggest that refreshing the ranks of executive leadership with global hires may also lead to sharper execution. Importantly, they remind clients that the latest A$250 million capital overlay that ANZ is required to hold is not money lost, but only quarantined. Jarden has an overweight rating and A$30.50 target price on the stock, which is down 1.5% at A$29.21. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 02, 2025 23:23 ET (03:23 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARVLF","symbol_name":"Arrival","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2524472314","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524472314","pubTimestamp":1743650580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0323 GMT - The earlier-than-expected arrival of ANZ's new CEO will allow the bank to tackle its risk-governance issues with greater clarity, Jarden analysts write in a note. They tell clients that Nuno Matos's May 12 start date will allow Australia's fourth-largest bank to focus externally on customers, and internally on its risk processes and tech developments. They suggest that refreshing the ranks of executive leadership with global hires may also lead to sharper execution. Importantly, they remind clients that the latest A$250 million capital overlay that ANZ is required to hold is not money lost, but only quarantined. Jarden has an overweight rating and A$30.50 target price on the stock, which is down 1.5% at A$29.21. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARVLF":"Arrival","ANZ.NZ":"ANZ Group Holdings Limited Ordinary Shares","BK8062":"综合性银行","ANZ.AU":"ANZ GROUP HOLDINGS LTD","BK7135":"综合性银行","BK7511":"ESG概念","BK4099":"汽车制造商"},"translate_title":"澳新银行新任首席执行官的到来应该会让人们更加关注——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARVLF":1,"ANZ.NZ":0.9,"ANZ.AU":0.9},"content_text":"0323 GMT - The earlier-than-expected arrival of ANZ's new CEO will allow the bank to tackle its risk-governance issues with greater clarity, Jarden analysts write in a note. They tell clients that Nuno Matos's May 12 start date will allow Australia's fourth-largest bank to focus externally on customers, and internally on its risk processes and tech developments. They suggest that refreshing the ranks of executive leadership with global hires may also lead to sharper execution. Importantly, they remind clients that the latest A$250 million capital overlay that ANZ is required to hold is not money lost, but only quarantined. Jarden has an overweight rating and A$30.50 target price on the stock, which is down 1.5% at A$29.21. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 02, 2025 23:23 ET (03:23 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}