Thursday, May 29, 2008
Consolidation is likely across the Antipodean banking sector
Sydney Morning Herald: Merger raises $64bn question
INVESTORS are preparing for further consolidation in the banking sector, as Westpac tries to gain control of the country's fifth-largest bank.
Westpac and St George banks remained in a trading halt yesterday as negotiations continued in a deal that would dramatically alter the Australian banking landscape.
Posted by lvmreader @ 12:59 PM (213 views) Add Comment
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