ANZ Unveils New Strategy to Boost Aussie Retail
ANZ chief executive Nuno Matos has announced a five-year plan to "get back to basics" and improve the bank's underperforming retail business in Australia.
According to Matos, while New Zealand operations are performing well, the core Australian businesses are lagging behind the competition.
Matos aims to improve the bank's retail business in Australia.
- ANZ shares have risen over 20% since Matos took over in July.
- The new strategy focuses on improving the bank's underperforming retail business in Australia.
Author's summary: ANZ unveils new strategy.
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