ANZ Shuffles DCM Unit as Michael Luk Relinquishes Role

[kreslik.news]

The Australian & New Zealand Banking Group (ANZ)’s eventful week has continued Thursday with further slashes to its debt capital markets (DCM) unit, which saw Michael Luk relinquish his role as the lender’s Head of DCM, after the group restructured its origination and syndication units, per a recent Reuters report.

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ANZ has been in a state of flux this week, joining other lenders in cutting a portion of their workforce as a result of sluggish economic conditions, waning ... (read more)