CBA counts the savings from its Colonial marriage

Article Abstract:

The market has reacted favourably to the merger of Commonwealth Bank (CBA) and Colonial. CBA managing director David Murray believes that there was strong justification for shutting down Colonial's retail banking operation and trading under a single brand.

Colonial (Australia)

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Banks close ranks

Article Abstract:

The acquisitions and mergers tend to increase in Australia as the banks look for efficiencies and bigger markets. The global investment banks have taken the lead in introducing Australian companies to the overseas debt markets.

Australia, Acquisitions & mergers, Analysis, Foreign investments, Company acquisition/merger

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Point for point, the banks seem like an even pair

Article Abstract:

The merger of Commonwealth Bank of Australia and Colonial will create Australia's largest bank. Details of the transaction are discussed.

Commercial Banking, Commercial banks, Colonial Bank

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