Would MQG consider taking over one of Australia's big 4 ?
ie. NAB.
And would the Govt approve the takeover ?
It would give NAB amazing capital strength, to be backed by MQG. (2/3rds of MQG's earnings coming from overseas)
And MQG bank gets more exposure to the Australian Housing market. Which may be a good market to be in, with record low interest rates and the housing sector showing life again.
What do you reckon ? Is this a good or bad idea ?
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