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Re: GE Sheds Australian Bank (6.4B) Good move. The Big four [Commonwealth (CBA.AX), WestPac (WBK), Australia New Zealand (ANZ), National Australia Bank (NAB)] plus other large, local, regional banks and credit unions pretty well have the market tied up. http://www.theguardian.com/australia-news/2014/nov/03/australias-big-four-banks-record-profits-286bn |
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