Big Four battle for market share
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In its semiannual report into Australia's FX market, Sydney-based research firm East & Partners said much of the competitive activity is taking place among the small and medium-sized enterprises (SMEs) segment. The research found that share of a customer's wallet has decreased as competition has intensified, with customers splitting their spot FX needs as never before.
"Foreign exchange is a good example of a market where the Big Four domestic banks have had to lift their game to fend off
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