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ANZ may sell Asia bank stakes due to stringent capital rules

Australia and New Zealand Banking Group (ANZ.AX) would consider selling some of its stakes in Asian banks if Australia does not ease stringent capital requirements, chief executive Mike Smith said on Wednesday. The plan raises questions about how Australia’s smallest ‘Big Four’ bank will meet the ...

http://uk.reuters.com/article/2012/08/15/us-anz-asia-idUKBRE87E04L20120815

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