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Headline: Australia Source: Euromoney Date: July 2001 Best bank Commonwealth Bank of Australia Best equities house UBS Warburg Best debt house Citigroup / Salomon Smith Barney Best M&A house UBS Warburg Since bank bashing has become something of a national sport, Australian banks are getting more customer focused and improving their customer service. At the same time they are trying to reduce costs. In anyone’s books that’s not an easy balance to strike. And on top of this, there has been a deterioration in commercial and corporate lending, although consumer lending remains steady. |
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