Home Loans & Mortgages

Bendigo Bank wants to expand wealth management with its $1.2 billion bid for wholesale customer darling Adelaide Bank. Bendigo and Adelaide, which hold the top two positions in Roy Morgan’s poll of banking customer satisfaction, will become a $4 billion company and break into the top 70 listed companies in Australia after the merger. Bendigo [...]

Adelaide Bank shareholders will need to approve a planned merger with the larger Bendigo Bank. The boards of the Adelaide and Bendigo banks have announced plans to merge. [Bendigo Bank is a regional community bank player, and Adelaide Bank is Australia's wholesale mortgage lender player, with 90 percent of its home loans done outside South [...]