Macquarie seeks to ‘disrupt’ by paying up for transaction accounts - Sydney Morning Herald

Investment giant Macquarie Group says it wants to disrupt a key part of the retail banking market by raising interest rates sharply on transaction accounts.

McArdle added the move would not have a material impact on Macquaries banking and financial services division, in part because it had a small share of less than 1 per cent in the transaction account … [+1399 chars]

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