ANZ goes after Citi in Asia

ANZ’s institutional banking chief Andrew Géczy throws down the gauntlet to global rivals as he looks to win market share, talent and deliver ROE at 13%.

ANZ goes after Citi in Asia

Australia’s ANZ is winning institutional banking market share and poaching talent from rivals across Asia by making the most of its regional footprint and taking advantage of the mounting regulatory burden on global rivals.

On Wednesday senior ANZ executives told a group of around 50 analysts and investors in Hong Kong that they scented weakness at Citi, Standard Chartered and HSBC and were poised to reap returns on their regional build out.   ...

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