Macquarie reminds me of the financial firm in Australia’s highest grossing film in 2024, the Force of Nature: The Dry 2.
The executives are dissimilar but the novel from which the film is based probably had not thought Macquarie as a financial firm would have gone for DIversity, Equality and Inclusion appointments as much as it has.
Financial compliance, money laundering and financial fraud appear to be the biggest issue in Australian society given the highest grossing film of 2024,
An ominous sign for 2025.
Macquarie’s sister investment bank in Australia, BNB, is still going thru it’s insolvency still going thru the Courts at the moment.
MQG Price at posting:
$223.09 Sentiment: Sell Disclosure: Not Held
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