Australian Bank ANZ’s Second-Half Profit to Take A$1.11B Hit

The Wall Street JournalThursday, October 30, 2025 at 11:46:00 PM
Australian Bank ANZ’s Second-Half Profit to Take A$1.11B Hit
ANZ, one of Australia's major banks, is set to report a significant A$1.11 billion hit to its second-half profit due to restructuring charges and other one-off costs. This news is important as it highlights the challenges faced by financial institutions in adapting to changing market conditions, which could impact investor confidence and the broader economy.
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