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Australia clears ANZ, Suncorp banking merger

By Inquirer - 5 months ago
SYDNEY — Australia’s government on Friday cleared a US$3.3-billion merger between the country’s ANZ and Suncorp banks, describing the decision as a close call. Treasurer Jim Chalmers said he approved the merger after “much deliberation” following nearly two years of review by state and federal regulators. Chalmers said it was an “on-balance call” but he

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