ANZ share price slides 2.5% as oil shock revives Australian rate-hike bets
ANZ shares fell 2.53% to A$37.02 on Thursday, underperforming the S&P/ASX 200’s 1.31% drop, as surging oil prices and rising inflation expectations fueled bets on a Reserve Bank rate hike. ANZ named Tammy Medard to lead its Business & Private Bank from May 1, replacing Clare Morgan.