Not for a while yet i wouldn't think-- then who knowsACQUISITION...

  1. 153 Posts.
    lightbulb Created with Sketch. 10
    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.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.