8chan/8kun QResearch Posts (2)
#6805111 at 2019-06-21 06:59:32 (UTC+1)
Q Research General #8704: In Honor of Korean war soldier, William “Hoover†Jones, US Army Edition
Few quick statements/questions for Anons.
Ex-Prime Minister of New Zealand John Key resigned shortly after Trump won the election citing family reasons for abrupt departure.
He is on Board Of Directors for both Air New Zealand, and ANZ Bank.
Just this week Air NZ CEO Chris Luxon resigned and stepped down after 7 years CEO.
Just this week ANZ CEO (and friend) David Hisco pushed out of position by John Key himself regarding "claim around $50,000 worth of personal chauffeur and wine storage costs as business costs"
What is going on here?
#6773964 at 2019-06-17 21:38:16 (UTC+1)
Q Research General #8664: QR PM Bake Edition
ANZ executive quits after probe into wine and chauffeur expenses
The chief executive of ANZ Bank's New Zealand division has stepped down following concerns raised by the board over his claiming a chauffeur-driven car and wine storage as business expenses.
The departure of David Hisco, a 30-year veteran at the Australian bank, follows a review of executive expenses ordered by Shayne Elliott, ANZ Group chief executive, in the wake of a high-profile public inquiry into misconduct in the Australian financial industry.
The leadership change comes at a tricky time for ANZ, which is contending with a proposal from New Zealand's central bank that would require banks in the country to hold significantly more capital - a move that could prompt a round of equity raisings.
https://www.ft.com/content/0efcfcba-9099-11e9-aea1-2b1d33ac3271
8chan/8kun QResearch AUSTRALIA Posts (2)
#6778308 at 2019-06-18 08:22:53 (UTC+1)
Q Research AUSTRALIA #5 - Shill count HIGH Edition
ANZ executive quits after probe into wine and chauffeur expenses
RP from QRes#8664
The chief executive of ANZ Bank's New Zealand division has stepped down following concerns raised by the board over his claiming a chauffeur-driven car and wine storage as business expenses.
The departure of David Hisco, a 30-year veteran at the Australian bank, follows a review of executive expenses ordered by Shayne Elliott, ANZ Group chief executive, in the wake of a high-profile public inquiry into misconduct in the Australian financial industry.
The leadership change comes at a tricky time for ANZ, which is contending with a proposal from New Zealand's central bank that would require banks in the country to hold significantly more capital - a move that could prompt a round of equity raisings.
https://www.ft.com/content/0efcfcba-9099-11e9-aea1-2b1d33ac3271
#6672396 at 2019-06-04 22:51:49 (UTC+1)
Q Research AUSTRALIA #5 - Shill count HIGH Edition
Former bank director calls for Sir John Key to be forced to resign from ANZ
RP from QRes#8499
A former top bank director has reportedly called for former Prime Minister Sir John Key to resign "or be removed" as chairman of ANZ following an incident that saw it censured by the Reserve Bank.
In a letter to Reserve Bank governor Adrian Orr, Kerry McDonald, the chairman of BNZ for 12 years until 2008, said he was "amazed" at the limited penalty imposed on the bank, Stuff reported.
McDonald also took aim at several others at ANZ - including chief executive David Hisco - saying they should resign.
The Reserve Bank revoked ANZ Bank New Zealand's accreditation to model its own operational risk capital requirement due to a "persistent failure" in its controls and attestation process.
The decision means ANZ is now required to use the standardised approach for calculating appropriate operational risk capital. From March 2019, this will increase its minimum capital held for operational risk by around 60 per cent, to $760 million.
According to the Reserve Bank, ANZ's failure to use an approved model was revealed after encouraging ANZ to review its attestation and assess its compliance with capital regulations.
A spokesperson for ANZ said: "ANZ New Zealand does not believe there is a systemic failure in its controls and attestation processes.
"While isolated, and with no impact on customers or the operation of the bank, ANZ New Zealand is disappointed this error occurred.
"Mr McDonald is welcome to discuss the issue with us at any time."
Sir John Key was named chairman of ANZ Bank's local arm in October 2017 and began his role in early 2018.
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12236522