ANZ Expands London Risk Control Group In Response To Emerging

BANKS

ANZ Investment Bank, the investment banking arm of the Australia & New Zealand Banking Group, is expanding its London risk control group in response to growing volumes in emerging markets.

The bank's decision to expand its risk control functions comes in response to significant growth in trading volumes over the past year, especially in emerging markets, says an official. "As the business grows, you need to grow the risk group around it," says Rajesh Bhatia, who was recently hired as ANZ's he