Kiwibank’s potential TSB acquisition carries significant risks, analyst argues
An analyst suggests Kiwibank's parent company should reconsider absorbing TSB and pursue alternative growth strategies instead.
Gareth Vaughan has raised concerns about the risks involved in Kiwibank's parent company Kiwi Group Capital acquiring TSB. The analyst suggests these risks may be greater than the potential benefits of the deal. He recommends the company explore other growth options for Kiwibank rather than proceeding with the TSB absorption.
Covered byinterest.co.nzNot covered byRNZStuffNZ Herald1NewsNewstalk ZBOtago Daily TimesNewsroomThe SpinoffBusinessDesk
Coverage across the news outlets we track, as at publication.
What outlets are saying
interest.co.nz
The risk for Kiwibank in absorbing TSB may outweigh the reward
Gareth Vaughan argues Kiwibank's parent Kiwi Group Capital might be wise to back off TSB and dust off another growth plan for the bank