We've reviewed to have a major financial services groups listed on the Australia stock exchange. These groups are mammoths is compared to almost all of the other financial services firms which are listed on the Australian stock exchange.  They benefit from large market shares and in some cases economies of scale, however the old adage that it is impossible to make an elephant dance often applies to these companies especially when analysing them from investment perspective.

ANZ banking group is a major Australian-based bank operating a retail business banking franchise in Australia, New Zealand and throughout the South Pacific. Stern operations make up the largest part of NZ's business with commercial and retail banking funds management. Following acquisition of National bank of New Zealand, ANZ is the largest bank in New Zealand. Expansion in the Asian region is being undertaken with presence in 14 Asian countries. Utmost significance of partnerships in China, Indonesia, Malaysia, Laos and Cambodia. ANZ strategy over the past five years has been focused on building up the Australian and New Zealand operations with particular attention to personal banking operations and embrace the consumer sector. Significant investment has been made in the branch network and distribution systems complemented with increased numbers more recently there has been a controlled expansion into Asian markets with relatively small investments in China, Indonesia, Cambodia, Laos, Malaysia and Guam. Over the next five years the target is to Asian operations to contribute 20% of the group earnings to match those of New Zealand.

AMP Ltd is a major Australian Wealth manager and life insurer. It comprises AMP financial services, which owns Australia's largest financial planning network and has leading market shares in a range of products and platforms, and AMP capital investors, a fund manager. MP strategies to strengthen its position in its core markets of Australia New Zealand while making selective investments in Australia through AMP capital investors. BNP balances investment the long-term growth with cost control and protection of the company's capital and liquidity positions. And he aims to drive strong value growth by investing in distribution and has products and services. Five growth platforms are to grow financial planner capacity import and distribution, increased bladder numbers and improved productivity, develop a broader, complimentary distribution channels. The second major focus area is to expand to broader, complimentary markets such as Asia through AMP China and expand Asian distribution channels and alliances to market existing Australian and global products, establish investment capabilities in Asia and to manage Asian assets. The third major focus is to grow customers in high-value segments by providing relevant product offers to customers in ways that create value. A full-fledged bogus error is to reshape anti-China investments into a high value add investment manager I continued to in investing professionals to support stronger business growth, expand investment capabilities in specialised high margin segments. The fifth area of focus is to invest in key growth enablers by building the brand, attracting and retaining talented staff and improving technology platforms.