Andrew Cornell

4 days ago | capitalbrief.com | Andrew Cornell

Exclusive research suggests top corporates - not just SMEs and real estate developers - are seeking private credit funding instead of traditional bank loans. Major Australian corporates are following the lead of smaller organisations and increasingly looking at private credit as a more flexible alternative to traditional sources of funding such as bank loans.

4 days ago | capitalbrief.com | Andrew Cornell

It’s day one for ANZ’s new CEO, Nuno Matos, and after meeting with his executive committee, his first deep dive will be with the risk team. Three priorities stand out as defining ANZ’s future, and Matos has zeroed in on each: integrating the Suncorp acquisition quickly and without destroying value; accelerating the rollout of the ANZ Plus tech platform, which represents the future of ANZ’s retail bank; and fixing operational risk deficiencies and the bank’s relationship with regulators.

5 days ago | capitalbrief.com | Andrew Cornell

From internet search to social housing, Evan Thornley shares what decades in tech, politics and startups have taught him about innovation with impact. Evan Thornley was one of Australia’s first internet moguls. His search engine, LookSmart, was the first Australian company to list on the Nasdaq, with his stake valued at nearly $US1 billion at the height of the dot-com bubble. Then it crashed by 99%.

1 week ago | capitalbrief.com | Andrew Cornell

Elliott exits the bank with no plans for another executive role or board seats, while reflecting on major achievements and some missteps in his tenure. Shayne Elliott plans to amp up his gym routine after signing off as ANZ CEO, ending more than nine years in the top job and 16 years at the bank. But beyond this weekend, Elliott says he is unlikely to pursue another executive career and has little interest in joining boards.

1 week ago | capitalbrief.com | Andrew Cornell

Skip to contentThe millionaire factory's reputation relies heavily on being the smartest bank in the room, but ASIC has just given it a fail grade on compliance. Already a subscriber? Sign inChoose plan(Required)Let me know about offers and insider updates. or pay with credit cardLet me know about offers and insider updates. Your email address will be stored in accordance with ourprivacy policy.