ANZ results commentary on liquids book and trading revenue drop [UPDATED]
- Thursday, 03 November 2011
Completing annual results season for Australia's big four banks on November 3, ANZ Banking Group (ANZ) continued the trend for subtly differing liquid assets strategies by disclosing a liquids portfolio in which supranational paper is included in its highest priority "class one" category. Meanwhile, the bank has run into some headwinds in its global markets business, with a second half revenue collapse ascribed to balance sheet and trading factors.