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Australia’s Suncorp Group sells ITS banking unit to ANZ

Australia’s Suncorp Group sells ITS banking unit to ANZ

by AIP Online Bureau | Jul 19, 2022 | Banking & Bancassurance, International News, Life, Wealth Management/ Philanthropy

Australian banks are grappling with rapidly rising interest rates and falling house prices that’s spurred some investors to reevaluate lenders’ outlooks. The deal hands the lender control of one of the country’s largest retail banks that’s also based in the...

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