It may look like ANZ has been downsizing Asia operations with its recent asset sales, but the CEO said it's merely "tweaking our strategy."
Australia's biggest banks - the Big Four - won;t face any pressure on funding costs in the wake of a downgrade by Moody's Investors Services, a Deutsche Bank analyst says.
Singapore's second largest lender by assets OCBC said Monday its Indonesian subsidiary will start a private banking unit.
Asia markets fell on Thursday amid U.S. political turmoil as a special counsel was appointed to lead a probe of Russian election involvement.
Dow futures tumbled and equities in Asia opened lower as the yen climbed and the euro spiked amid political and legal turmoil surrounding U.S. President Donald Trump.
OCBC announced Thursday it is buying NAB's private wealth business in Singapore and Hong Kong – the latest sign of consolidation in Asia's wealth industry.
Equities in Asia traded sideways in Wednesday trade as investors digested the dramatic dismissal of FBI Director James Comey in the U.S.
Australia announced a six basis-point levy on the deposits of the country's five biggest banks in its annual budget with Treasurer Scott Morrison saying the move is to shore up federal revenues.
Markets in Asia were subdued in Tuesday trade, with investors focused on the South Korean election and Australian federal budget.
Most Asian markets lost ground on Friday as traders await the U.S. nonfarm payrolls data later and after commodity-price drops overnight.
Most Asia markets were lower on Thursday as the Fed stuck to a hawkish bent overnight and metal prices tumbled.
Asian markets were mixed on Wednesday, as Wall Street's rise was offset by disappointment with Apple earnings, as traders eyed the Fed.
The bank is putting capital to work for investors, notes ANZ CEO Shayne Elliott.
Japanese stocks fell on Wednesday, weighed by the stronger yen and following an apparent North Korea missile test that reports said failed.
Asian stocks were mixed on Tuesday, as the dollar remained soft amid uncertainty over U.S. President Donald Trump's trade policies.
Asian markets fell on Friday, as investors digested China's full-year trade figures in yuan-terms and waited for more data to be released.
Asian markets gained on Tuesday, after China's Caixin PMI for December came in stronger than expected.
Australia and New Zealand Banking Group said it will sell its stake in Shanghai Rural Commercial Bank.
Japan Inc may become a more important force in dealmaking next year.
Asia markets were mixed on Monday, but the Nikkei climbed, likely getting a boost from the weaker yen and a better-than-expected Japanese GDP.