Business Services Industry

BRIEFING - ASIA BANKING - OCT 21, 2002.

AsiaPulse News, October, 2002

An executive briefing on banking for Oct 21, 2002, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

AUSTRALIA'S ANZ BANKING SET TO TOP $US1.1 BLN FY EARNINGS RECORD

MELBOURNE - ANZ Banking Group Ltd (ASX:ANZ) is on track to topping the $A2 billion ($US1.1 billion) profit milestone for the first time when it reports its earnings for 2001/02 on Thursday.

"It seems certain it will carry on its first half momentum," said Neil Wesley of Portfolio Partners.

ABN AMRO TO PURCHASE 25 PCT STAKE IN AUSTRALIA'S WIZARD MORTGAGE

MELBOURNE - In a David and Goliath union Dutch-based banking giant ABN Amro will subscribe for a 25 per cent new...

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