Observations
Apr 15, 2024In the aftermath of Australia's Royal Commission into Misconduct in the Banking, Superannuation, and Financial Services Industry, banks have implemented significant structural changes. According to research by Macquarie Securities, this has led to a 2.4% average annual increase in operating costs between 2018/19 and 2021/22, while revenue saw a modest 0.5% rise.
Observations
Jan 16, 2024The Spanish National Securities Market Commission (CNMV) has initiated disciplinary proceedings against Deutsche Bank for alleged mis-selling of risky derivatives to small and medium-sized businesses.
