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ANZ signals further revamp of Asian business
Published Tue, Mar 22, 2016 · 09:50 PM
Melbourne
AUSTRALIA and New Zealand Banking Group flagged on Tuesday a further restructuring of its Asian business as Australia's No. 4 lender seeks to shift focus to areas where it can better exploit its potential.
New CEO Shayne Elliott told a business conference in Melbourne that the lender needs to "tighten" its Asia business that it has developed over the years, as a result of which the business might end up being smaller.
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