Shayne Elliott, chief executive of ANZ, says the bank will suffer a A$265 million loss from the sale of its retail and wealth management businesses in five Asian markets. Photo: K. Y. Cheng

ANZ sells non-core businesses in five Asian markets to DBS

Melbourne-headquartered lender seeks to sharpen its focus on institutional banking in the region, withdraw from retail banking and wealth management

Topic |   Banking & Finance

TOP PICKS

Shayne Elliott, chief executive of ANZ, says the bank will suffer a A$265 million loss from the sale of its retail and wealth management businesses in five Asian markets. Photo: K. Y. Cheng
READ FULL ARTICLE