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ANZ

ANZ eyes Australian wealth management exit

Asia | 3 Nov 16

ANZ eyes Australian wealth management exit

ANZ Bank is considering selling its life insurance, advice, and superannuation and investments businesses in Australia which would see one of the country’s largest financial institutions effectively withdraw from the wealth management sector.

PEOPLE MOVES: Prudential, Aegon, Deutsche Bank

People Moves | 1 Nov 16

PEOPLE MOVES: Prudential, Aegon, Deutsche Bank

Prudential has nabbed its new chief executive of insurance from Aegon, leaving the Dutch insurer to appoint a new chief financial officer. Deutsche Bank has appointed a global head for its alternative funds business.

International Adviser

Asia | 31 Oct 16

DBS buys ANZ Asia wealth units, nets $16.5bn in assets

The trend of banks offloading assets continues as Singapore-based DBS acquires ANZ’s WM and retail units in Asia, adding S$23bn ($16.5bn, £13.5bn, €15bn) of wealth assets, which includes S$6bn from high net worth individuals.

ANZ to sell $4bn life and pension units to boost capital

Companies | 23 May 16

ANZ to sell $4bn life and pension units to boost capital

ANZ Banking Group is looking to sell its life insurance and pension product unit, valued at up to $4bn (£2.76bn, €3.6bn), say media reports.

ANZ restructures Australasian wealth management business

Asia | 2 Mar 16

ANZ restructures Australasian wealth management business

ANZ will simplify its approach to wealth management and more closely align its distribution of wealth products and services with its retail and commercial businesses, the bank announced on Wednesday.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.