News

Small finance companies likely to be forced out: KPMG

Thursday 18th of February 2010

Accounting firm KPMG expects the drive towards greater regulation and the burden of meeting new requirements will drive smaller entities out of the sector, according to its 2009 Financial Institutions Performance Survey - Non-banks Review.

"We understand that a range of merger discussions are currently occurring across a number of entities in both the finance and savings sector. 2010 may...

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