ANZ Bank 2007 - First half pre - tax profit of $ 2.7bn ( $ 2.04bn ) , down 30 % , below expectations , due to mounting bad debts and tighter regulation , in its first tax cut since the global financial crisis .
ANZ Banking Group - First half pre-tax profit of AUD 2.7bn ($2.04bn), down 22%, missing expectations, due to mounting bad debts and tighter regulation resulting in its first dividend cut since the global financial crisis.