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Newcastle Herald
Newcastle Herald
National

Why now is the best time for Greater Bank and Newcastle Permanent to merge

Newcastle Permanent chair Jeff Eather and the Greater Bank chair Wayne Russell. Picture: Simone De Peak

Banking has changed significantly in the past decade.

New banking regulations have brought more layers of complexity and compliance. Consumer demand for enhanced digital banking and security is increasing at pace. Examples this newspaper referred to as "form[s] of pressure" when talking about how "the industry is changing dramatically" (NH, 13/10/21).

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