ANZ pinpoints NE-Asia hub
(11 July 2008 – Australia) ANZ has announced Hong Kong as its hub for operations in North East Asia by way of a capability upgrade.
ANZ has positioned Hong Kong as its North East Asia hub by doubling its office space in the city and upgrading client servicing capabilities.
The upgrade furthers ANZ’s presence in both Hong Kong and the wider region.
The Hong Kong office is now home to regional and institutional banking leadership teams, while ANZ has also established a larger markets dealing room team.
ANZ chief executive officer for North East Asia, Alistair Bulloch said that Hong Kong is the gateway to the rapidly developing economy of China and an integral part of the Pearl River Delta.
He also stated that ANZ was well-positioned in Hong Kong to leverage the large trade flows and liquidity pools by deepening client relationships and market penetration.
The move will increase ANZ’s institutional banking capacities, particularly in cash management and debt capital markets. It also enables ANZ to expand its markets and syndication business.
Hong Kong is also a base for ANZ’s Private Bank, which has launched a Financial Advisory business to assist high net worth expatriates and Asian investors with their strategic investment decisions.
The upgrade furthers ANZ’s presence in both Hong Kong and the wider region.
The Hong Kong office is now home to regional and institutional banking leadership teams, while ANZ has also established a larger markets dealing room team.
ANZ chief executive officer for North East Asia, Alistair Bulloch said that Hong Kong is the gateway to the rapidly developing economy of China and an integral part of the Pearl River Delta.
He also stated that ANZ was well-positioned in Hong Kong to leverage the large trade flows and liquidity pools by deepening client relationships and market penetration.
The move will increase ANZ’s institutional banking capacities, particularly in cash management and debt capital markets. It also enables ANZ to expand its markets and syndication business.
Hong Kong is also a base for ANZ’s Private Bank, which has launched a Financial Advisory business to assist high net worth expatriates and Asian investors with their strategic investment decisions.
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