Kiwi Capital Group floats potential merger with TSB Bank
Kiwi Capital Group has expressed interest in a possible tie-up between its Kiwibank arm and TSB Bank.
Kiwi Capital Group chair David McLean has said the company would be interested in exploring a merger with TSB Bank. The move comes as TSB Bank's proposed $620 million merger with Heartland Bank approaches a legal challenge.
Covered byBusinessDeskNot covered byRNZStuffNZ Herald1NewsNewstalk ZBOtago Daily TimesNewsroomThe Spinoffinterest.co.nz
Coverage across the news outlets we track, as at publication.
What outlets are saying
BusinessDesk
Kiwi Capital Group flies Kiwibank-TSB Bank merger idea
Kiwi Capital Group has raised the prospect of a tie-up between its Kiwibank arm and TSB Bank, just as that regional deposit taker’s proposed $620 million merger with Heartland Bank faces an imminent legal hurdle. “In theory, we would be…