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DBS’ ANZ takeover “on track” for completion in early 2018

DBS’ takeover of ANZ’s wealth and retail businesses in five Asian markets “remains on track” for completion in early 2018, a spokesperson for the Singaporean lender confirmed today, five months after DBS’ CEO noted that the integration of ANZ’s Taiwan and Indonesia units would present challenges. “Since the announcement of the acquisition, the respective teams at both DBS and ANZ…

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