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Underarm
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The Big Four banks are here to stay – maybe that’s a good thing

ANALYSIS: ANZ’s new chief executive is in New Zealand this week. Instead of being persuaded to sell the business, he'll probably be pleasantly surprised by what he finds.

WATCH: NBR senior journalist Lachlan Colquhoun speaks with Simon Shepherd.

The new chief executive at the ANZ Bank Group, Nuno Matos, is visiting New Zealand this week and already there is speculation in the Australian media that he is mulling an exit from the Kiwi market.

The theory being advanced is that as a Portuguese-born executive coming from global bank HSBC, Matos

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Lachlan Colquhoun Wed, 21 May 2025
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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The Big Four banks are here to stay – maybe that’s a good thing
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