ANZ buys into Vietnamese brokerage

ANZ, which is Australia's third-largest lender, paid A$102 million ($88 million) for the share.

"The partnership offers opportunities for cross-sell among our respective customer bases, including cash management and FX," a spokesperson at the bank in London told FX Week. "The deal also presents project and structured-finance opportunities with larger government and institutional clients."

ANZ already has retail branches in Vietnam as well as trade finance and corporate financial services and

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