ANZ is the only Australian bank with a stated aim of making meaningful profits in Asia, placing Cathryn Carver at the pointy end of the bank’s strategic vision. Carver is responsible for key international and institutional banking client relationships within Australia and Asia, and is determined to add new, large Asian clients to the bank’s roster.
In the six months to end-March ANZ generated 21% of its profits from Asia-Pacific, Europe and America, up from 16% three years ago, and bringing the bank closer to its 2017 target of deriving 25% to 30% of its group profits from offshore.
Several landmark deals helped along the way, such...
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