ANZ Unveils New Strategy to Improve Aussie Retail
ANZ chief executive Nuno Matos has announced a five-year plan to "get back to basics" and enhance the bank's underperforming retail business in Australia.
New CEO Nuno Matos stated that 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 increased by over 20% since Nuno Matos took office in July.
- The new strategy focuses on improving the bank's performance in Australia.
Author's summary: ANZ unveils a new strategy to boost Aussie retail.
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