You must have not paid any attention to what Macquarie Chair Glenn Stevens said about ASIC compliance failure allegations and what they have to do about the banking division.
Perhaps you only pay attention to Shemara and the DEI appointees.
That sort of nutcase selections was exactly why Babcock and Brown went up only to go straight back down and out.
Macquarie looks like befalling a similar fate.
The Australian market participants never learn from the past. I guess that is why history repeats itself.
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