Bendigo also a Populaire investment
French regional bank Banque Populaire may be accumulating a stake in Bendigo Bank, the Herald Sun reported today.The newspaper reported that Banque Populaire surfaced on the Bendigo share register late last week with an interest in around five million shares. Banque Populaire in late February disclosed that it held a6.4 per cent stake in Bank of Queensland.Meanwhile the Herald Sun also reported that two executives of Adelaide Bank (which is now part of Bendigo Bank) reorganised margin loans secured by shares in Bendigo Bank with line-of-credit loans that are not subject to margin calls.