‘Pie in the sky’: Can ANZ’s Qld pledges be trusted?

Big four bank ANZ this week unveiled a $4.9 billion takeover of Suncorp’s banking arm, but several battles loom to win over customers as well as regulators.

Liam Walsh and James Eyers

Jul 22, 2022 – 2.56pm

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Coming out of a Suncorp branch in a suburban Brisbane shopping centre this week, customer Helen Fox was slightly taken aback by ANZ’s audacious $4.9 billion bid for her long-time bank.

“I’ve banked with them since I was 13!” she told AFR Weekend.

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Liam WalshReporterLiam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane.

James EyersSenior ReporterJames Eyers writes on banking, finance, payments, regulation and emerging technologies. Based in Sydney, he is a former legal and investment banking editor at the AFR and has been a business journalist for more than 20 years.