Bank of Queensland Ltd. has agreed to buy ME Bank from Australian pension funds for 1.325 billion Australian dollars (US$1.04 billion), and said it would fully fund the deal with an underwritten ...
ME Bank has come under fire after sending customers an extraordinary email declaring it was ‘pleased to announce’ it was increasing home loan rates. Customers were shocked on Tuesday when the lender ...
(Reuters) - Bank of Queensland Ltd will buy ME Bank, a digital lender owned by 26 industry pension funds, for A$1.33 billion ($1.05 billion), the pair said on Monday, as the second-tier lender chips ...
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