Not for a while yet i wouldn't think-- then who knows
ACQUISITION OF SUNCORP BANK1
• ANZ has licenced the Suncorp Bank brand for 5-7 years
• For at least three years from completion, no changes to the
total number of Suncorp Bank Queensland branches
• Suncorp Bank will continue to be led by CEO Clive van Horen,
who will join ANZ’s Executive Committee post completion
• The acquisition will not result in any net job losses in
Queensland for Suncorp Bank for at least three years
post completion .
And just for interest sake see below
Commonwealth Bank: Commonwealth Bank owns Bankwest. In terms of non-banks, CommBank previously owned home loan and mortgage broker Aussie and wealth management group Colonial First State. It now has a 45% shareholding in both companies.Westpac: Westpac owns St.George, Bank of Melbourne and BankSA. On a non-bank front, Westpac also notably owns RAMS and wealth management brand BT.NAB: NAB owns online-only bank UBank. In 2021, NAB also acquired neobank 86 400 and has announced plans to merge it with UBank.ANZ: ANZ does not currently own any other banks at the time of writing.
Not for a while yet i wouldn't think-- then who knowsACQUISITION...
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