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Insurers circle in on ANZ’s Aussie wealth management arm

Insurers are lining up to bid for ANZ’s wealth management business in Australia with two more now involved in discussions with the bank, according to recent media reports. Zurich Insurance Group and AIA Group are pitching for what’s left of the Australia bank’s wealth business, according to Australian publication, Australian Finance Review, which has seen an information memorandum. The two…

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