Don't Miss:
23. April 2024
ABOUTADVERTISE CONTACT
   

Tag: ANZ

Retail Asia13/02/2024
pepsi-1280x853.jpg
Food

PepsiCo makes new leadership appointments across ANZ

3min0
PepsiCo has appointed Kyle Faulconer – its current CEO for Australia and New Zealand (ANZ) – to a wider role, including responsibility for IndoChina Foods. Faulconer moved from the US in 2021 to join the company as its new leader in the ANZ market. According to Wern-Yuean Tan, chief commercial officer and CEO for Apac […]
CONTINUE READING
Retail Asia05/05/2021
anz.jpg
Finance

ANZ Seeks Growth Opportunities at Home

2min0
Australian & New Zealand Banking Group is open to potential acquisitions for domestic growth, including retail assets from Citigroup’s retreat. Chief executive Shayne Elliot said that ANZ was in a really strong position to seek growth opportunities, according to a report. Elliot did not rule out potential acquisitions like retail assets from Citi, which recently […]
CONTINUE READING
Retail Asia19/11/2019
DBS-1024x768.jpeg
Finance

DBS Avoids Larger M&A Deals

2min0
DBS group chief executive Piyush Gupta said it would avoid acquisition targets with large deal sizes in order to maintain concentrated focus on its digital transformation. According to Gupta, the bank would target deals valued at about five percent of DBS’s market cap (around $3.7 billion as of publishing) and avoid larger ones in order […]
CONTINUE READING
Retail Asia07/10/2019
allianz-1024x608.jpg
Finance

ANZ Appoints International Head of Sustainable Finance

1min0
Australia and New Zealand Banking Group appointed a new international head of sustainable finance, as demand for ESG-related funding continues to grow especially in Asia. Stella Saris was appointed to the Singapore-based role reporting to Nick Halkas, head of infrastructure, export and sustainable finance – international in the city-state; and to Katherine Tapley, head of sustainable finance in Sydney. Saris was most […]
CONTINUE READING
Retail Asia28/11/2018
hana-bank5.jpg
Finance

Hana Bank reveals Vietnam expansion plan

4min0
South Korean banks are setting themselves up to score big in Vietnam as foreign ownership limits would be loosened. South Korea’s second-largest lender by assets, KEB Hana Bank, is interested in buying a 17.65 percent stake in the Bank for Investment and Development of Vietnam (BIDV), a source said. BIDV is currently the second-largest state-owned […]
CONTINUE READING
Retail Asia24/09/2018
anz.jpg
Finance

ANZ Vietnam reports 75 pct fall in profit in H1

2min0
ANZ Vietnam’s profits fell 75 percent in the first half of this year following the sale of its retail arm to Shinhan Bank. The bank’s financial report shows its after-tax profits were VND41 billion ($1.76 million), down from VND171 billion ($7.33 million) in the same period last year. Net interest income and net income from […]
CONTINUE READING
Retail Asia13/02/2018
DBS-Bank-1024x671.jpg
Finance

DBS completes acquisition of ANZ’s wealth, retail units in five Asian markets

3min
Singapore-headquartered and listed lender DBS Bank Ltd (DBS) announced on Monday that it has completed the acquisition of Australia & New Zealand Banking Group Ltd (ANZ)’s wealth management and retail banking businesses in Singapore, Hong Kong, Mainland China, Taiwan, and Indonesia. In a statement, DBS said the last tranche of the migration was successfully conducted […]
CONTINUE READING
Retail Asia23/10/2017
anz-1024x681.jpg
Finance

Veritas stung over Nosh disclosure

3min0
Veritas Investments has been publicly censured and fined $55,000 plus costs by the NZ Markets Disciplinary Tribunal for failing to immediately disclose to the market that it had agreed to sell or close its Nosh business as a condition of continued support from its bank. The censure relates to an announcement in September 2016 by […]
CONTINUE READING
Retail Asia13/07/2017
anz-1024x681.jpg
Finance

ANZ consumers prefer computers over smartphones

3min0
Consumers from Australia and New Zealand significantly prefer making purchases via desktop, despite browsing traffic continuing to move towards smartphones, according to the latest research from Adobe. In its latest report, the software multinational aggregated anonymous data from approximately 100 billion visits to 3,000+ websites across the region during the 2016 calendar year and found […]
CONTINUE READING
Retail Asia19/05/2017
anz-1024x681.jpg
Finance

ANZ plans to sell VN banking retail business

3min0
The Australia and New Zealand Banking Group (ANZ) plans to sell its Việt Nam retail business, a source close to the matter has told the Saigon Times Online. According to the source, three foreign and two local banks are hoping to acquire ANZ’s retail business unit in Việt Nam. The Việt Nam retail business will […]
CONTINUE READING
Retail Asia16/03/2017
anz-1024x608.jpg
Finance

ANZ Vietnam to sell retail banking business

4min0
Three foreign banks and two domestic banks, which have not been named, were reported by SaigonTimes as being interested in acquiring the retail businesses of the 100 per cent foreign-owned bank. Last October, ANZ Group CEO Mr. Shayne Elliot was quoted as telling foreign media that the bank would look to exit its retail and […]
CONTINUE READING
Retail Asia10/01/2017
anz-1024x608.jpg
Finance

ANZ share rating still retained

3min0
The divestment was consistent with the bank’s strategy of simplifying its business and narrowing the focus of its Asian operations on institutional business, analyst David Ellis said in a research note released yesterday. The sale followed those of five Asian retail and wealth businesses in Singapore, Hong Kong, China, Taiwan and Indonesia at the end […]
CONTINUE READING
Retail Asia21/11/2016
Private-banking-1024x683.jpg
Finance

Private banks lacking scale exit Singapore

8min
Just like real estate is about location, location and location, private banking is about scale, scale and scale – it is what’s needed to cope with the high cost of the business, say industry players. Monday’s surprise move by DBS Bank to snap up most of ANZ’s wealth and retail business in Asia for a […]
CONTINUE READING
Retail Asia06/11/2016
Goldman_Sachs_expands_in_Warsaw_1-1024x684.jpg
Finance

Goldman’s Instructed by ANZ

1min0
It has been an interesting week for Australian bank ANZ. On Monday it agreed a deal with Singaporean bank DBS to dispose of its Asian wealth units. Now it appears the bank has hired Goldman Sachs for another deal. According to a report the bank has appointed Goldman Sachs to lead the sale. Also involved […]
CONTINUE READING
Retail Asia01/11/2016
anz-1024x608.jpg
Finance

ANZ suffers $265m hit over Asia exit

1min
ANZ has taken a major step toward exiting Asian retail banking and wealth management with an agreement to sell businesses in five countries to Singapore’s DBS bank. Australia’s fourth-largest lender on Monday said DBS will pay book value plus $110 million for assets in Singapore, Hong Kong, China, Taiwan and Indonesia. Chief executive Shayne Elliott, […]
CONTINUE READING
Retail Asia04/03/2016
anz-1024x681.jpg
Finance

ANZ wealth chief Joyce Phillips leaves after restructure

5min
ANZ Bank’s wealth chief, Joyce Phillips, is departing the banking giant following a restructure of the $67 billion institution’s wealth management arm. Chief executive Shayne Elliott said the group was simplifying its approach to wealth management, which includes the bank’s insurance, superannuation and investments products. As a result of the changes, Ms Phillips, who led ANZ’s wealth, marketing […]
CONTINUE READING

Older Posts

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CONTACT US
CALL US ANYTIME
Most read
Retail updates

Stay up to date of the lates updates and retail news from Asia.






X