Suncorp's timing with its bank sale is strange: Chanticleer - The Australian Financial Review

Selling its banking operations could deliver a windfall for Suncorp shareholders. But it is strange to sell in the worst banking cycle in more than a decade.

He acknowledged the bank had not performed well. The bank earns about $500 million on $5 billion in capital. That compares poorly with the insurance business that earns about $1 billion on $7.4 billi… [+2834 chars]

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