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Financial industry, Investing and Money - Business news

Cash profit, the financial industrys preferred measure which strips out volatile items, was down 18 per cent at Aus$5.9 billion, largely in line with expectations. The slump was largely due to more than $1.0 billion in one-off charges, including for ANZs software capitalisation policy and a writedown on the value of its investment in Malaysias AmBank. Earlier this week Elliott announced the sale of ANZs retail and wealth management arms in five Asian countries to Singapores DBS, allowing it to focus on c...

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    Cash profit, the financial industrys preferred measure which strips out volatile items, was down 18 per cent at Aus$5.9 billion, largely in line with expectations. The slump was largely due to more than $1.0 billion in one-off charges, including for ANZs software capitalisation policy and a writedown on the value of its investment in Malaysias AmBank. Earlier this week Elliott announced the sale of ANZs retail and wealth management arms in five Asian countries to Singapores DBS, allowing it to focus on c...
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    Cash profit, the financial industrys preferred measure which strips out volatile items, was down 18 per cent at Aus5.9 billion, largely in line with expectations. The slump was largely due to more than 1.0 billion in one-off charges, including for ANZs software capitalisation policy and a writedown on the value of its investment in Malaysias AmBank. Earlier this week Elliott announced the sale of ANZs retail and wealth management arms in five Asian countries to Singapores DBS, allowing it to focus on c.
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    Financial industry, Investing and Money - Business news

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    Cash profit, the financial industrys preferred measure which strips out volatile items, was down 18 per cent at Aus$5.9 billion, largely in line with expectations. The slump was largely due to more than $1.0 billion in one-off charges, including for ANZs software capitalisation policy and a writedown on the value of its investment in Malaysias AmBank. Earlier this week Elliott announced the sale of ANZs retail and wealth management arms in five Asian countries to Singapores DBS, allowing it to focus on c...

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