ANZ's Whelan Discusses Institutional Business in Asia

The video discusses a strategic shift from retail to institutional business in Asia, focusing on investment in key sectors like banking and agriculture. Despite initial caution, capital is now being reinvested in the region, particularly in China. The impact of political climates, such as trade disputes, is considered, but opportunities in China's deregulating financial sector are highlighted. The video concludes with an analysis of earnings, showing improved profitability in the institutional business.

What was the primary reason for the company selling its retail and commercial businesses in Asia?

• To reduce operational costs

• To increase customer base

• To expand into Europe

• To focus on institutional business

In which sectors is the company concentrating its efforts in Asia?

• Retail and tourism

• Banking, resources, and agriculture

• Technology and healthcare

• Manufacturing and logistics

How is the company responding to the deregulation of the financial sector in China?

• By focusing on retail banking

• By acquiring more banks

• By investing in capabilities

• By exiting the market

What has been the trend in the company's return on equity in recent years?

• It has improved significantly

• It has fluctuated unpredictably

• It has remained stable

• It has decreased significantly

What is the company's current approach to growth in its division?

• Reducing risk-weighted assets

• Focusing on transaction banking and markets

• Expanding into new geographical regions

• Increasing retail customer base

What was the impact of the 2017 credit valuations on the company's markets business?

• It led to a decrease in revenue

• It caused a significant increase in cash earnings

• It had no impact

• It resulted in a loss

What was the percentage decrease in cash profit for the company in the 12 months to September?

• 16%

• 20%

• 5%

• 10%