Results show institutional bank feeling the pain as ANZ "simplifies"
- Tuesday, 03 May 2016
Half-year results released by ANZ Banking Group (ANZ) on May 3 highlight the extent to which the institutional arm of the bank is in the firing line of chief executive Shayne Elliott's drive to "build a simpler, better capitalised and more balanced bank". ANZ has cut its dividend payout, in part to further its goal of reinforcing its capital position.
