ANZ INVESTORS BRACE FOR SHORT-TERM PAIN AS NEW CEO NUNO MATOS CLEARS THE DECKS
https://media.zenfs.com/en/reuters-finance.com/34afda9854cd2061b372879d520507ea
✍️ ANZ Group investors are willing to back new CEO Nuno Matos' strategy to resuscitate the bank's flagging fortunes, but are preparing for near-term hits, including a possible dividend cut.
👉 ANZ Group investors are willing to back new CEO Nuno Matos' strategy 👉 The bank has announced a significant staff reduction and penalties to the corporate regulator 👉 Investors are preparing for near-term hits, including a possible dividend cut 👉 The bank's net interest margin is the lowest among the Big Four 👉 Investors want to see a clearer vision for the bank's future
-- #NunoMatos #ShayneElliott #HughDive #AngusGluskie #GeorgeBoubouras #MichaelBell #Sydney #Melbourne #business
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