ANZ Banking Group has continued to make cuts to its debt capital markets unit (DCM), which left Michael Luk losing his role as the head of DCM, as part of the bank's ongoing restructuring plan due to sluggish economic conditions and waning profit margins. In addition to these changes, ANZ has aggregated its origination and syndication into thousands unified unit.
ANZ Banking Group has continued to make cuts to its debt capital markets unit (DCM), which left Michael Luk losing his role as the head of DCM, as part of the bank's ongoing restructuring plan due to sluggish economic conditions and waning profit margins. In addition to these changes, ANZ has aggregated its origination and syndication into one unified unit.