Analysis
Major banks baulk at lending to the big end of town
Jonathan ShapiroSenior reporter
Updated
If you are an executive in a big powerful corporation, you're probably used to being courted by a friendly banker hungry for your business. Well, you better get used to being ignored.
ANZ and Westpac's results show a conscious and determined effort to pull back from lending and servicing large corporate clients in favour of mums and dads.
Loading...
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Latest In Economy
Fetching latest articles