News
Marac merger with building societies could go ahead this year
Friday 2nd of July 2010
CBS told investors at its AGM they can expect to vote on the proposal in November, while Southern Cross BS put forward December as a date for the merger to be completed when it wrote to stakeholders earlier this year. Though the firms have previously flagged the middle of next year for when a combined entity will apply for a banking licence.
The three firms are undertaking...
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