House of the Year, Australia: ANZ

Asia Risk awards 2015: A strong balance sheet enables the Aussie lender to take up the slack as global banks retreat from the market

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With their balance sheets pinched by more onerous capital requirements, global investment banks have been pulling back from the Australian market, either unable or unwilling to take on more risk in a sector strained by thin liquidity. Against this backdrop, ANZ – a leading household name in Australian retail banking – has emerged as the champion for investors looking to move risk off their books at an agreeable price.

Although the US was showing signs of recovery at the start of 2015, such a

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