The bank may create a multi-boutique set-up after its acquisition of ING IM Australia. But Grant Bailey of ING IM denies the sale is part of plans to cut back in the region.
The Australian firm is committing more resources to its Asian wealth-management business, with Samuel Suen named as the latest senior addition to the team.
The US bank's acquisition of ANZ's custody business will give it a local sub-custody presence in Australia and New Zealand, and a large share of the master custody market.
Well-heeled trendsetters of Hong Kong have a new plaything to fund their lifestyle. ANZ Bank launches a new credit card into a saturated market aimed at hip new ''trendsetters''.