NZ Herald·3 min read·medium
Legal threat by former TSB chair slows progress on proposed merger of TSB and Heartland Bank
J
Jenée Tibshraeny
✦AI Summary
A legal challenge from a former TSB chairwoman has delayed the proposed $620 million merger between TSB and Heartland Bank. The TSB owner, Toi Foundation, must now extend its consultation period with Taranaki residents to comply with trust deed requirements.
Heartland-TSB merger continues to be due for completion in December.
businessculture
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in