Скачать или смотреть ANZ announces $5 billion takeover bid for Suncorp Bank! Navigating theTRAPS hidden in the deal?

#breakingnews

It's official! Suncorp has accepted a $4.9 billion bid from ANZ to take over its banking business as the big four bank seeks to accelerate its growth. Under the deal, ANZ will continue operating under the Suncorp Bank brand for five years as it takes on an additional $47bn in home loans and $45bn in deposits. Trading in ANZ shares was halted as the deal was announced on Monday, after the bank said it would need to raise about $3.5bn to fund the buyout.

The proposal has to receive clearance from the Australian Competition and Consumer Commission, which has to be satisfied it will not substantially lessen competition in the banking sector. But, what does this mean for current Suncorp members and mortgage holders with ANZ?

In this video, we quickly break down the announcement and what this could mean for you, including answering the following questions:

🤷 What does this recent takeover mean for mortgage holders?
🛑 What could still stop the deal?
🔑 Why have Suncorp agreed to the ANZ takeover?
🙅 Why are Aussies fuming at the deal?
😶 Could this cause job losses?
🏃‍♂️ What will happen to Suncorp in the long run?
🫠 Will Suncorp Bank go into liquidation?
💬 What has Suncorp's Chairwoman, Christine McLoughlin, said?
😨 Should you be fearful?
🏦 What next for the major four banks?
💱 Is this ruining competition in finance?
💰 What could this mean for your home loan?
❓ What could this mean for you?

If you want free expert advice on what the recent rate rises could mean for you, chat to one of our Home Loan Specialists at a time that suits you ➡️ https://hello.huntergalloway.com.au/m...

Here's what we learned:

00:00 ANZ's move to buy Suncorp's banking arm for $4.9 billion to face intense scrutiny
00:12 ANZ Agree to buy Suncorp Bank!
00:30 What will change for Suncorp Mortgage Holders?
00:59 'Not in the interest of competition!' - The BIG FOUR Australian Banks
01:20 Why this is a disgrace? Other examples in the finance industry
01:35 What is likely to happen in 2022?
02:00 Should Suncorp customers be worried?

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DISCLAIMER:
Full Disclaimer here – https://www.huntergalloway.com.au/you...