The multiplying challenges of managing ANZ's ambitions for expansion in Asia were sketched out in a presentation yesterday to coincide with a tour by management and select investment analysts of the bank's operations in Singapore and Jakarta.
ANZ even dug up a few nuggets of data on its costs, profits and productivity in the region in an effort to sell the merit of strategic goals and their ability to generate between 25 per cent and 30 per cent of earnings from the region and turn ANZ into a "top four international bank" in Asia.
At present, ANZ counts as a top four...
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