ANZ Bankers in Hong Kong, Singapore, Australia to Exit in Revamp

ANZ Bank is planning a restructuring that will see senior bankers exit roles in Hong Kong, Singapore, and Australia, according to the brief report. The revamp also involves discontinuing ANZ’s non-bank ESG origination and independent financial advisory function. At the same time, the bank is creating a new business unit intended to combine corporate finance, research and analysis, and capital management teams. The article adds that at least 10 senior bankers from ANZ Group Holdings Ltd. are leaving as part of the changes. Details on timelines, headcount beyond the minimum figure, and the scope of affected clients were not included in the provided text.