Australia & New Zealand Banking Corp. agreed to sell its 20 percent stake in Shanghai Rural Commercial Bank Co. for A$1.84 billion , Chief Executive Officer Shayne Elliott’s latest move to unwind an Asian expansion that sapped profits.
Australia & New Zealand Banking Corp. agreed to sell its 20 percent stake in Shanghai Rural Commercial Bank Co. for A$1.84 billion , Chief Executive Officer Shayne Elliott’s latest move to unwind an Asian expansion that sapped profits.