Yep that's why I think they should focus on the staff numbers. So much easy fat there to cut and much better savings there. Rates cuts are a bonus. I don't care if it's 1 or 2. Cut staff numbers down from 1000 and the markets will rally on the anticipation of rate cuts later in the year. Those 2 things combined will reduce those expenses that you've highlighted are pretty much on par right now. Reducing bloated staff numbers just seems like an easy way to do it.
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