Globally social media and its diverse uses have become a raging phenomenon…many companies from almost all industries have already started making good use of this channel for selling goods / services, customer service and support…but financial service companies, prominently the banks have been slow to adapt.
Social media users across the world – U.S., U.K., Australia,
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Recently, I read an article that reported – the Australian Competition and Consumer Commission (ACCC) blocked an acquisition bid by an Australian major wealth management company, NAB over its rival AXA Australia. ACCC, the competition regulator, is an agency that enforces the Trade Practices Act which covers unfair market practices, mergers and acquisitions of companies,
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