Yellow Brick Road confirms deal with Macquarie
Yellow Brick Road (YBR) has confirmed it has entered into an agreement with Macquarie Bank to develop branded banking and wealth management products and services.
The announcement came hours after YBR requested a trading halt from the Australian Securities Exchange (ASX), due to a pending announcement about the deal.
Both companies announced the deal on the ASX, which was marketed as YBR's "aggressive expansion into financial services".
The company is launching discounted mortgage products, with more wealth management and banking solutions to come in 2013.
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