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Challenge comes at sensitive time for banks

Tuesday, November 6, 2012

WN.com - Business News
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Challenge comes at sensitive time for banks
Nov 7th 2012, 06:22

As the big four banks look for new ways to grow income during a period of low credit growth, rising impairment costs and rising capital ratios, Macquarie Group has decided to throw its hat in the retail banking ring. A news story in BusinessDay outlined that Macquarie would form a joint venture distribution deal with Mark Bouris' Yellow Brick Road Group. The publication of the story prompted Yellow Brick Road to...
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