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NAB buys Citi’s Australian retail bank for $1.2 billion – Sydney Morning Herald

National Australia Bank is looking expand its share of the credit card market by buying Citi’s Australian retail banking arm.

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National Australia Bank is looking to expand its share of the credit card market by buying Citis Australian retail banking arm for at least $1.2 billion.
In a deal that is set to attract scrutiny from the competition watchdog, NAB on Monday said it would…

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