ANZ

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%.

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.   

“I see Citi, Standard Chartered and HSBC as the people to go after,” said Andrew Géczy, ANZ’s chief executive of international and institutional banking IIB and a former Citi banker.

...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222