ANZ Unveils 5-Year Strategy to Improve Aussie Retail
ANZ chief executive Nuno Matos has announced a 5-year plan to "get back to basics" and enhance its underperforming retail business in Australia.
While the New Zealand operations were performing well, the core Australian businesses were behind the competition.
Since Matos took over in July, ANZ shares have increased by over 20%.
- New CEO Nuno Matos aims to improve the bank's retail business in Australia.
- ANZ shares have risen by more than 20% since Matos began his tenure.
Author's summary: ANZ unveils 5-year strategy.
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