Jotters say ANZ Bank's results augur well for the big banks yet to report, but some cast doubt on its Asia strategy.

ANZ Banking Group's interim results pushed the lender's share price up 6 per cent to an all-time high. The all-time high is less a symptom of Mike Smith's Asian superbank strategy and more a reflection of the drive for yield. Yesterday's share price surge was a good sign for the coming results from its rivals. So when will that Smith strategy kick in?


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