Daily Dispatches: ANZ's $15m makeover
ANZ's new brand and logo go public today, a human shape that aims to counter the image that banks are impersonal and out of touch with their customers. After undertaking a record amount of research - 1550 interviews in seven countries in three successive waves - the bank is ready to push the button on the new logo accompanied by the strapline: ''We live in your world''. (Sydney Morning Herald)
The nation's teflon-coated major banks are emerging stronger, and now bigger, from the global financial crisis, with the Commonwealth Bank and ANZ Bank this month overtaking their peak valuations before the sub-prime meltdown began in mid-2007. (The Australian)
Australia's biggest superannuation provider, AMP, says its lower net inflows in the third quarter reflect continued subdued investor confidence following the global financial crisis. (The Australian)
A break-up of Babcock & Brown Infrastructure would hand preference shareholders the rights to assets valued at 70c a share, one of its shareholders has argued, well above a 43c-a-share offer now on the table. (The Age)
