Outgoing SBS boss Ross Smith says smaller financial services providers may look to combine back office functions to cut costs

Outgoing SBS boss Ross Smith says smaller financial services providers may look to combine back office functions to cut costs

By Gareth Vaughan

Outgoing SBS Bank CEO Ross Smith says the country's smaller financial services providers may look to share back office services as a way to cut costs, with full blown mergers seemingly off the agenda.

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