ANZ in "messy" $6.4b profit under shadow of Royal Commission, CBA sells wealth arm to Japanese banking giant

ANZ Bank has delivered what chief executive Shayne Elliott calls a "messy" $6.4 billion full year profit under the shadow of the financial services Royal Commission. 

Also this morning, the Commonwealth Bank announced it would sell Colonial First State Global Asset Management to Japanese banking giant Mitsubishi UFJ Trust and Banking Corporation for $4.13 billion. 

ABC's Peter Ryan says the deal is subject to regulatory approval.