Interesting bit of news.
"ANZ National Bank’s underlying profit in New Zealand is up 24 per cent to $494 million, in the half year."
Obviously getting rid of the jobs here and over the ditch have done the trick and it's onwards and upwards for this multinational bank.
"Parent company ANZ Banking Group said its net profit for the six months ended March 31 fell 28 percent to A$1.417 billion ($1.79 billion), from A$1.963 billion in the previous corresponding half, after charges for bad debts rose."
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