ANZ Bank New Zealand has just announced it had reached an agreement to sell its 55% stake in Cambodian JV ANZ Royal Bank to J Trust, a Japanese diversified financial holding company listed on the Tokyo Stock Exchange. The decision to sell the stake is in line with ANZ Group’s ongoing strategic review of international…
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ANZ Bank New Zealand today advised it has finalised the sale of its previously announced six retail and wealth businesses in Asia, allowing it to further focus on institutional and large corporate customers moving goods and capital across the region. Originally announced in October 2016, ANZ has now successfully transferred its retail and wealth businesses…
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ANZ to buy-back $1.5bn shares as part of capital management plan ANZ Bank New Zealand today announced it has completed the sale of its 20% stake in Shanghai Rural Commercial Bank (SRCB), originally announced in January 2017. As part of the Group’s broader capital management plan, ANZ now intends to buy-back up to $1.5 billion…
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ANZ Bank New Zealand today announced that it has signed a statement of commitment to the FX Global Code of Conduct, set to come into effect in May 2018. The code is a single set of global principles which define good practice for the wholesale FX market. In signing the statement ANZ has reinforced its…
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Commercial banking company Australia and New Zealand Banking Group Limited, commonly called ANZ (ASX:ANZ) announced an agreement to sell UDC Finance, the asset finance business of its wholly owned subsidiary ANZ Bank New Zealand, to HNA Group, a global company focused on tourism, logistics and financial services. The sale reflects a continued focus by ANZ…
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