Australia bank merger
Consolidation in the cards for Australia’s mutual lenders
Consolidation in the cards for Australia’s mutual lenders
Mutuals should scale back branch operations and invest in tech.
More mergers of small Australian banks imminent: analysts
Two mergers were announced in August alone, and as regulatory costs remain high, more might seek to consolidate.
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1. Hang Seng unveils MTR Jordan Station Retail Banking Centre 2. Malaysia fines Maybank Islamic for info submission lapses 3. Malaysia fines two banks for non-compliance with AML/ CFT requirements 4. HSBC Malaysia penalized $690,000 for customer screening non-compliance 5. HSBC, Allianz Life launch wealth growth and life protection plan in MalaysiaResource Center
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?