'We weren't number one in any area': Why ANZ Bank quit wealth

By Clancy Yeates
Updated December 12 2017 - 5:38pm, first published 5:35pm

ANZ Bank couldn't justify investing the sums needed to turn its wealth business into a potential market leader - a realisation that ultimately led to the lender offloading its life insurance arm for $2.85 billion to Swiss giant Zurich.

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