ANZ’s Whelan on China, data science and ROE

Risk30: markets business at ANZ is picking new targets

Mark Whelan: "We are looking to grow our risk-weighted assets again, but off a much better return"

Josh Robenstone

This is the fifth of 10 interviews marking Risk’s 30th anniversary. An introduction to the series – and links to the other articles – is available here.

Like any good story, the post-crisis rise of the regional dealer has some twists in it. Take Australia and New Zealand Banking Group (ANZ) as an example: as global dealers exited markets and cut products, the Melbourne-based lender seized the opportunity to expand, hoovering up clients and revenue across Asia.

It became unbalanced and was