Preparing for M&A
Australian banks have in recent years been popping up on lists of potential bidders for international investment houses and banks. The Australian players are typically known for their strong credit ratings, and several are seen to be in good positions to invest in expansion plans.
Sydney-based Alec Gardner, consultant director, South Pacific Area, Teradata, says Australian banks are very strong. "Banks are ferociously proud of how well they have done in the crisis," he says.
National Australia
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