growth business required - buy a bank, page-49

britlite u say,"apra will hit all banks with addtional capitalisation requirements in order to offset the riskiness that has been created in the banking system from the increased competition"First suncorp is already an australian bank.Did apra do this when aussie home loans ,rams etc started up?Is apra going to restrict sony bank? ICBC a chinese bank has just applied for a banking license? Excluding my belief that tls/suncorp would benefit themselves(as croesus suggested) i would have thought the govt would welcome a small fifth pillar.Suncorp excluding its insurance arm has a market cap only around 4b,I think a tls/suncorp merger would b looked upon as a company covering a niche market in online banking and mobile payments.What about the other sml players bendigo bank,adelaide bank,or before they were bought out bankwest and st george not to mention biulding societies i may not b a banking expert but it seems to me there is room for tls/suncorp especially considering loss of competition when westpac was allowed to purchase st george.