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Challenges for Heartland bank down track
Tuesday 23rd of November 2010
Certainly, the independent report by Northington Partners and Cameron Partners says the merits of the merger "appear compelling."
Longer-term, a key issue for the merged group, currently called Building Society Holdings (BSH) and colloquially referred to as the proposed "heartland bank," will be ongoing funding.
All three have traditionally been heavily dependent on retail funding...
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